Sales of new cars increased by 129 thousand in October compared to last year
In the first ten months of the year, the growth reached 16.8% yoy
Greece performed relatively the best (up 44.8% yoy) while sales in Norway showed the weakest change compared to the last year (down 28.9% yoy)
Trinity Bank decreased its net profit 51.2% to CZK 155 mil in 3Q2023 and generated ROE of 11.6%.
Revenues decreased 28.8% yoy and cost rose 31.8%, so cost to income increased to 48.6%
Asset quality appears good with cost of risk at 0.19% and provisions "eatening" only 4.4% of operating profit
Both revenues and profits have been under pressure when compared to last year's record profitability, though 3Q2023 numbers suggest good trends in terms of volume growth and stabilisation of interest margin, two key profit drivers of the Bank.
Helgi Library 
