The pre-tax result rose by 11% to €314m for Q1 17 versus Q1 16. Net interest income was down by 19% to €1.08bn for Q1 17 compared to Q1 16. Loan loss provisions increased by 32% to €195m in Q1 17. Commission income was up by 8% to €887m in Q1 17. Trading income rose from €13m for Q1 16 to €364m for Q1 17. Total revenues rose by 2% to €2.4bn in Q1 17 compared to Q1 16. Administrative expenses were down by 1.5% to €1.9bn in the same period. The tax ratio
