PragueConnect.cz - Economy

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Raiffeisenbank reports higher profit, loans and deposits

In Q1 2015, Raiffeisenbank reported net profit of CZK 701m. Client loans grew 13% to CZK 175bn while client deposits added 12% to CZK 160bn. Capital adequacy stood at 15.2%. CEO and board chairman Igor Vida said the bank had been successful primarily with consumer credits.

Source: www.cianews.cz