DVB Bank SE presented its results for the first six months of 2013. Consolidated net income before taxes for the first half of the year was 6.2% lower than in the previous year (H1 2012: €70.8m). The year-on-year change was due to a non-recurring effect in the first half of 2012: namely, the sale of a stake in British aero engine specialist TES Holdings, Bridgend, Wales, to two Japanese investors. Nonetheless, net interest income rose by 3.3%, and net fee and commission income was up 2.0%.
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada