Erste Group posts net profit of EUR 235.3 million in Q1 2020

Net interest income increased – mainly in the Czech Republic and Austria, but also in Romania – to EUR 1,229.0 million (+5.9%; EUR 1,160.9 million). Net fee and commission income rose to EUR 504.2 million (+3.4%; EUR 487.7 million), primarily on the back of increased fees from securities business but also from asset management and insurance brokerage. While net trading result declined significantly to EUR -157.4 million (EUR 153.3 million), ...

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