Operating income before bank levy reductions and provisioning was down 5.7% at HUF 15 bln.
Client loan portfolio was down 5% at HUF 1.255 trillion while client deposits were up 17.4% at HUF 1.527 tln.
The ratio of non-performing loans fell from 14.8% to 13.1%.
Capital adequacy ratio on a group level improved from 13.72% to 15.69% in Hungary.
Total assets of K&H Bank were HUF 2.568 tln and K&H Insurance had HUF 150 bln in total assets at the end of March.
K&H Bank slightly increased its market share for lending operations to 9.8% from 9.6%. New mortgage outlays were up 36% on an annual basis, CFO Attila Gombás said.
K&H said it will not pay a dividend on 2015 earnings but will use all of its HUF 37.9 bln net income to increase profit reserves.



