- 1 Oct 2018 8:12 AM
- Hungary Around the Clock
MKB reported an 8% drop in after-tax profit to Ft 18 billion for the first half. Net interest revenue climbed 5% to Ft 21 billion but net revenue from commissions was down 4% to Ft 14 billion.
Operating costs jumped by 62% to Ft 33.7 billion, while other operating revenue increased 145% to Ft 15.5 billion.
MKB had total assets of Ft 2 trillion at the end of June, down 1% from the end of 2017. Shareholders equity was 4% higher at Ft 140.7 billion.
The stock of client loans went up 11% to Ft 926 billion, while deposits shrank by 10% to Ft 1.4 trillion in the first six months.
MTI Photo: Illyés Tibor