CIB Group had total assets of Ft 1,806 billion at the end of September, 26% more than a year earlier. Total assets increased partly due to a 27% increase in the bank’s stock of loans. Project loans increased 55%, while retail loans increased 65% compared to a year earlier.
CIB is the fourth biggest universal bank in Hungary and the third biggest in corporate services, with a market share of 13.2% in Q3 2006, to Török said.
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