Raiffeisen Bank Zrt Profit Rises Over HUF 103 bln in 2023
The after-tax profit of Austrian-owned Raiffeisen Bank Zrt rose 43% to HUF 103.3 billion in 2023, an earnings report shows.
Net revenue from interest and dividends climbed 44% to HUF 201.1 bln. Net revenue from commissions and fees increased 11% to HUF 81.5 bln.
Raiffeisen Bank Zrt had total assets of HUF 4.432 trillion at the end of December, up 3% from 12 months earlier.
The stock of client loans fell 4% to almost HUF 1.765 tln. Client deposits increased 3% to just above HUF 2.986 tln.
Raiffeisen Bank Zrt's market share, based on total assets, stood at 6%.
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