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Raiffeisen Bank loss narrows to HUF 47.4 bln in 2012

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Raiffeisen Bank's after-tax loss narrowed 51% to HUF 47.4 billion in 2012, CEO Heinz Wiedner said at a press conference on Thursday. Risk provisioning fell 51% during the period, Wiedner said. The bank had total assets of HUF 2,096 billion at the end of 2012, down 9% from twelve months earlier.

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