• Net profit after minorities was €220m for Q2 20 compared to a net loss of €295m for Q1 20 • Profit of €163m for the fair value result (trading result) in Q2 20 compared to a loss of €304m for Q1 20 • The tax result was a credit of €22m for Q2 20 compared to expenses of €20m for Q2 19 • Risk result (loan losses) rose from €178m for Q2 19 to €469m for Q2 20
05 Aug 2020
Solid Q2 20 results despite COVID-19 due to special items
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Solid Q2 20 results despite COVID-19 due to special items
• Net profit after minorities was €220m for Q2 20 compared to a net loss of €295m for Q1 20 • Profit of €163m for the fair value result (trading result) in Q2 20 compared to a loss of €304m for Q1 20 • The tax result was a credit of €22m for Q2 20 compared to expenses of €20m for Q2 19 • Risk result (loan losses) rose from €178m for Q2 19 to €469m for Q2 20