The pre-tax result rose by 50% to €385m for Q2 15 versus Q2 14. Net interest income was up by 5% to €1.7bn for Q2 15 compared to Q2 14. Loan loss provisions increased by 9% to €280m in Q2 15. Commission income rose by 7% to €839m in Q2 15. Trading income was a loss of €189m for Q2 15 compared to a loss of €184m for Q2 14. Total revenues were up by 7% to €2.4bn in Q2 15 compared to Q2 14. Administrative expenses rose by 1.5% to €1.75bn in the same period
03 Aug 2015
Better Q2 results due to higher treasury gains and much lower tax ratio
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Better Q2 results due to higher treasury gains and much lower tax ratio
The pre-tax result rose by 50% to €385m for Q2 15 versus Q2 14. Net interest income was up by 5% to €1.7bn for Q2 15 compared to Q2 14. Loan loss provisions increased by 9% to €280m in Q2 15. Commission income rose by 7% to €839m in Q2 15. Trading income was a loss of €189m for Q2 15 compared to a loss of €184m for Q2 14. Total revenues were up by 7% to €2.4bn in Q2 15 compared to Q2 14. Administrative expenses rose by 1.5% to €1.75bn in the same period