Net interest revenue fell 7% to HUF 187.1 bln and net revenue from commissions and fees increased 16% to HUF 94.4 bln.

Raiffeisen Bank booked a HUF 13.4 bln release of provisions, up from just 0.2 bln in the base period.

The lender had total assets of HUF 4.615 tln at the end of December, up 4% from 12 months earlier.

Stock of client loans increased 6% to HUF 1.872 tln. Client deposits rose 7% to HUF 3.184 tln.