Preliminary pre-tax profit increased from €628m for FY2014 to €1.9bn for FY2015. Net interest income and trading income rose by 5% to €6.3bn for FY2015 compared to FY2014. Loan loss provisions declined by 39% to €696m in 2015. Revenues before loan loss provisions increased by 11% to €9.76bn for 2015 compared to 2014. Operating expenses were up by 3% to €7.16bn in the same period. Other result was a loss of €15m for 2015 compared to €577m for 2014. The t
12 Feb 2016
Strongly increased profit as expected but still a too low profit level
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Strongly increased profit as expected but still a too low profit level
Preliminary pre-tax profit increased from €628m for FY2014 to €1.9bn for FY2015. Net interest income and trading income rose by 5% to €6.3bn for FY2015 compared to FY2014. Loan loss provisions declined by 39% to €696m in 2015. Revenues before loan loss provisions increased by 11% to €9.76bn for 2015 compared to 2014. Operating expenses were up by 3% to €7.16bn in the same period. Other result was a loss of €15m for 2015 compared to €577m for 2014. The t