: :inin Kyiv (EET)

OTP Q3 profit triples on base effect of Ukraine write-off


Third-quarter after-tax profit of OTP Bank, Hungary’s biggest commercial lender, more than tripled to HUF 34.1 bln from the same period a year earlier, an earnings report published Friday reveals. Earnings rose on the base effect of a HUF 30.8 bln goodwill write-off at the bank’s business in Ukraine in Q3 2013. …read more

Source: Budapest Business Journal

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