Net income from commissions and fees increased 9% to HUF 26.1 bln, while net trading income was up 15% at HUF 4.97 bln, Hungarian news agency MTI reported.
Personnel expenses were down 5% at HUF 14.14 bln, but general administrative costs rose 5% to HUF 14.59 bln. Depreciation costs were up 14% at HUF 5.07 bln.
The release of provisions lifted the bottom line, but other operating results represented a HUF 13.52 bln burden, compared to a HUF 7.1 bln loss earlier. Pre-tax income was down 31% at HUF 23.13 bln.
Erste Bank Hungaryʼs consolidated total assets stood at HUF 2.643 trillion at the end of June, up 19% from the end of last year.
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