2008 full-year figures: strong BIS ratio despite impairment losses

Press release 26 February 2009

  • Profit excluding exceptional items down 20% at €18.8 million (2007: €23.6 million); operating performance as expected in very difficult market conditions
  • Net profit €39.9 million negative, reflecting impairment losses
  • BIS ratio increases to 18% as at 31 December 2008 (year-end 2007: 14%), with Tier 1 capital of 15% (year-end 2007: 13%)
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