MuniFin has managed to maintain profitability despite the challenging operating environment. Growth has continued at a satisfactory, controlled rate, and operating profit for the first six months of the year 2010 is EUR 31 million, compared to the full-year operating profit of EUR 34 million in 2009.
Demand for lending remained at the same level compared to the previous year. The lending portfolio grew 11% during the first half of the year.
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