April 28 (Reuters) - Austrian lender Erste Group exceeded market expectations for first-quarter
earnings on Friday, boosted by higher interest rates in Central
and Eastern Europe.
The bank, which operates in seven countries across the
region, reported a net profit of 593.6 million euros ($653.85
million) for the first quarter of 2023, beating analysts'
average estimate of 543.0 million euros provided by the company.
($1 = 0.9079 euros)
(Reporting by Anna Mackenzie and Philipp Krach in Gdansk;
Editing by Milla Nissi)
philipp.krach@thomsonreuters.com))
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