India, May 13 -- ABN AMRO Bank N.V. (ABN.AS) on Wednesday reported higher first-quarter profit, supported by growth in net interest income and fee and commission income, along with lower operating expenses.
Profit before tax increased 13% to €942 million from €831 million a year earlier.
Operating result rose 21% to €1.009 billion from €836 million last year.
Operating expenses declined to €1.277 billion from €1.309 billion, driven by lower other expenses which declined 9% to €529 million.
Net profit attributable to owners of the parent company rose to €692 million or €0.78 per share compared with €619 million or €0.69 per share in the prior-year period.
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