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Erste Group posts net profit of EUR 987.6 million in 1-9 2017;stable outlook for 2018

“Erste Group posted a net profit of 987.6 million euros for the first nine months of 2017. As foreseen,this is lower than the 1,179.2 million euros we reported for the same period a year earlier, which had been positively influenced by the one-off from the sale of shares in VISA Europe. We are satisfied with our latest results, which were achieved on the back of solid lending growth of 5.6 percent, historically low risk costs at seven basis points and very healthy asset ...

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