Zagrebacka Banka d.d., the Croatian unit of UniCredit SpA (UCG), said the company’s nine-month net income declined 3.8 percent from a year earlier to 1.2 billion kuna ($205 million) as Europe’s crisis continues to affect business.
The company’s core unit, Zagrebacka Banka d.d. said its nine-month net income declined 16.4 percent from a year earlier to 879 million kuna, the lender said in a statement posted on the website of the Zagreb Stock Exchange today.
To contact the reporter on this story: Jasmina Kuzmanovic in Zagreb at email@example.com
To contact the editor responsible for this story: Balazs Penz at firstname.lastname@example.org