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Raiffeisen Bank Romania, net profit of 414 million RON in first quarter

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recorded a net profit of 414 million RON in the first quarter, a significant increase compared to the previous year, in the context of an intense lending activity for all business segments, the bank announced Friday in a press release.

According to the source, the bank's revenues were up 28% year-on-year, supported mainly by the evolution of lending activity for corporate customers, as well as the upward trend in market rates compared to the first quarter of 2022.

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