MKB Bank H1 operating profit climbs 20%
First-half operating profit of Hungary's MKB Bank rose 20% to Ft 56.3 billion from the same period a year earlier, the bank said, citing consolidated IFRS figures.
MKB Bank had total assets of Ft 2,500 billion on June 30, 2008, 19% more than twelve months earlier.
While the corporate segment slowed, lending and investment fund activity in the retail segment picked up.
MKB Bank has completed changes at its recently acquired units in Romania and Bulgaria and is now focusing on growth in the countries. (MTI – Econews)
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