US EditionOp Bank Group's Profit Fell in the First Half of the Year
Summary by Ilta-Sanomat
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The Lithuanian branch of OP Corporate Bank, a bank controlled by the Finnish financial group OP, earned EUR 9.2 million in operating profit in the first half of this year, or 14% less than in the same period last year.
The decreased net interest income weighed on OP Financial Group's operating result compared to the comparison period.
CEO Timo Ritakallio says in a stock exchange release that the result decreased particularly due to the decrease in net interest income.
·Finland
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