OP Corporate Bank Plc reports 10.7% Decline In Consolidated Earnings Before Tax For 9M To 30 September 2019

  • Oct 29, 2019 GMT
  • Team Kalkine
  • OP Corporate Bank Plc (IRSH) has released its interim report for the period 1 January to 30 September 2019.
  • The company’s consolidated earnings before tax witnessed a decline of 10.7 per cent to EUR 331 million as compared to EUR 370 million in the same period last year,
  • The company’s net interest income increased by 4 per cent to EUR 211 million, while its impairment loss on receivables increased by EUR 5 million.
  • There was a 28 per cent increase in Insurance earnings before tax increased to EUR 166 million due to growth in investment income.

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