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RBI's H1 after-tax profit in Romania leaps 46% on lower provisioning costs

Raiffeisen Bank International (RBI) said on Thursday its after-tax profit from operations in Romania jumped 46% on the year to 55 million euro ($64.5 million) in the first half of 2017 due to lower provisioning costs, seenews.com reads. In the six months through June, net provisioning fell to 20 million euro from 26 million euro in the corresponding period of 2016, the bank said in its H1 2017 financial report. In the ...

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