Erste Bank’s 1H05 net income came in at EUR 335.7m (+40.9% y/y), ahead of the market’s forecast of EUR 324m and our estimate of EUR 329m. Net interest income stood at EUR 1,387m (5.2%y/y), above the market’s expectation of EUR 1,370m; its net commissions income was EUR 617m (9.5% y/y) compared with the market’s forecast of EUR 620m.