• The net loss of €295m for Q1 20 compared to a profit of €122m for Q1 19 • Loss of €304m for the fair value result (trading result) in Q1 20 compared to a profit of €85m in Q1 19 • Risk result (loan losses) rose from €78m for Q1 19 to €326m for Q1 20 • Negative COVID-19 impact of overall €479m on operating profit in Q1 20
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Q1 losses due to COVID-19
• The net loss of €295m for Q1 20 compared to a profit of €122m for Q1 19 • Loss of €304m for the fair value result (trading result) in Q1 20 compared to a profit of €85m in Q1 19 • Risk result (loan losses) rose from €78m for Q1 19 to €326m for Q1 20 • Negative COVID-19 impact of overall €479m on operating profit in Q1 20