Results for the first half of 2010: momentum picking up for DVB

Based on preliminary figures, consolidated net profit before taxes amounted to EUR 59.0 million for the first half of 2010, down 3.8% year-on-year.

Wolfgang F. Driese, CEO and Chairman of the Board of Managing Directors, commented on DVB's results: "Following the slow start seen during the first quarter, we are pleased with our results for the first six months. The development in net interest income after allowance for credit losses is particularly positive: in fact, it was the best half-year figure for the last five years. Net fee and commission income was the......

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