MKB’s risk provisioning came to HUF 20.7 billion in H1, down from HUF 77.5 bilion in the same period a year earlier.
Net interest revenue was down 7% at HUF 42.2 billion and net revenue from commissions and fees dropped 23% to HUF 8.0 billion. The bank booked negative HUF 10.7 billion on the “other operating revenue” line, showing the effect of the bank levy.
MKB had total assets of HUF 2,817.6 billion on June 30, down 4% from the end of 2010.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
