May 12 (SeeNews) - Romania's UniCredit Bank said its first quarter pre-tax profit rose 8.8% year-on-year to 23 million euro ($26.2 million).
UniCredit generated an operating income of 87 million euro in January-March, up 3.5% on the year, with net interest income up 5.5% and net fee and commission income up 11.7%, the lender's parent, Italy's UniCredit, said in its quarterly financial report published earlier this week.
Following are details from UniCredit performance in Romania (in millions of euro):
|
Q1'16 |
Q1'15 |
y/y change |
Net interest income |
51 |
48 |
+5.5% |
Net fee and commission income |
17 |
16 |
+11.7% |
Operating income |
87 |
84 |
+3.5% |
Net operating profit |
34 |
25 |
+39.6% |
Pre-tax profit |
23 |
22 |
+8.8% |
Consolidated profit |
18.1 |
17.5 |
+3.7% |
Total customer loans |
4,956.9 |
4,629.6 |
+7.1% |
Total customer deposits |
4,111 |
3,287 |
+25.1% |
In August, Romania's UniCredit Tiriac Bank changed its name to UniCredit Bank after UniCredit Bank Austria raised its stake in it to 95.6%.
($=0.8774 euro)
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