It reported an operating profit of EUR219.8 million, down 0.7% on the year, as operating revenue dropped 2.5%, to EUR458.4 million, Erste said in its group earning report released Friday.
The bank’s net interest income decreased 4.7% in the first nine months, to EUR 272.4 million, on lower lending activity.
Erste Group posted a net profit of EUR987.6 million in the first nine months, from EUR1.17 billion in the same period last year.