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Raiffeisen Bank, net profit down 21% in Q1 2020 compared to Q1 2019

Raiffeisen Bank made a net profit of 140 million lei in the first quarter of this year, down 21% from the same period in 2019, when it was 178 million lei, according to a bank press release sent on Thursday.Raiffeisen Bank's total assets exceeded 48 billion lei as of March 31, 2020, an increase of 18% year-on-year. Operating revenues increased in Q1 2020, standing at 636 million lei, as compared to 615 million lei in Q1 2019.The bank's total loan ...

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