PTA-News

Erste Group Bank AG: Erste Group posts net profit of EUR 483.5 million in 2012;

Business news for the stock market

"Erste Group recorded a net profit of EUR 483.5 million in 2012, a solid bottom-line result considering the economically challenging environment and net negative one-off effects of EUR 361 million - including banking taxes in an amount of EUR 187 million, " said Andreas Treichl, CEO of Erste Group Bank AG, when presenting the preliminary results for the financial year 2012. "We will therefore propose to the annual general meeting to pay a dividend of EUR 0.4 per share", Treichl continued. "Regarding the business, we not only made progress in Romania and posted an excellent result in the Czech Republic, but the core tier 1 ratio (Basel 2.5) and the liquidity situation also showed positive developments. On the back of continued deposit inflows we repaid EUR 4 billion LTRO funds early", Treichl concluded.

For the full investor information please check the attached pdf.

(end)

[ source: http://www.pressetext.com/news/20130228009 ]