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BRIEF-KBC's Czech unit CSOB Q1 net profit rises 42 percent
May 11, 2017 / 12:08 PM / 4 months ago

BRIEF-KBC's Czech unit CSOB Q1 net profit rises 42 percent

May 11 (Reuters) - Kbc Groep Nv

* KBC’s Czech bank CSOB says Q1 net profit rises 42 percent to CZK 4.7 billion ($192.07 million)

* CSOB says loan portfolio grew 7 percent in Q1, deposits up 15 percent

* says profit growth driven by solid growth in business volumes, excellent loan quality and supported by strong performance of financial markets

* says loan portfolio expansion driven by growth of mortgages, supported by accelerated consumer finance lending and leasing Further company coverage: ($1 = 24.4700 Czech crowns)

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