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Home | IKB reports annual loss of €517m |
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IKB reports annual loss of €517m
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- July 02, 2012
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IKB Deutsche Industriebank AG has reported its annual financial results, including an IFRS consolidated net loss of €517m. This compares to a modest consolidated net profit of €21m in the previous financial year, and the decline in profitability has been attributed largely to the rising cost of risk premiums relating to European government bonds. Adjusting [...]
- Read more at:http://www.bankingtimes.co.uk/2012/07/02/ikb-reports-annual-loss-of-e517m/
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