Huge COVID-19 related risk provision pushed down profit
31/07/20 -"• Loan loss provisions increased from releases of €7m in Q2 19 to expenses of €614m for Q2 20 due to COVID-19 • Net profit decreased by 84% to €59m for Q2 20 • Erste now estimates risk cost in the ..."
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55
Language
English
Published on
31/07/20
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