OTP Bank Romania's Q1 net profit rises 15% y/y

Hungarian banking group OTP said on Friday the net profit of its Romanian unit rose 15% on the year in the first quarter, reaching 1.5 billion Hungarian forints ($5.7 million/4.8 million euro, seenews.com informs). Total income grew 7% on the year to 6.6 billion forints, while operating expenses rose 12% to 4.7 billion forints, OTP said in an interim financial report. Total net interest income fell by 4% to 5.11 billion ...

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