UniCredit Bank’s net interest yield goes down
UniCredit Bank reports its net interest yield dropped greatly in the first quarter of 2011.
The company explains the 33% decrease in the first quarter of the year against the last quarter of 2010 has to do with the declining currency operation profit and commission revenues as well as the need to increase the possible loan loss reserves.
The company explains the 33% decrease in the first quarter of the year against the last quarter of 2010 has to do with the declining currency operation profit and commission revenues as well as the need to increase the possible loan loss reserves.
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