Market developments strengthened banks' results
Toivanen, Mervi (29.06.2006)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408075028
In the first quarter of 2006, banks' pre-tax results improved considerably on the corresponding period of 2005. The significant rise in operating profits was due to an increase in income, loan loss recoveries and improved net investment income. Banks' good results boosted their profitability and cost efficiency.