KAS BANK’s results rebound strongly


• Net profit for the first half of 2009 rises to €11.5 million (H1 2008: €9.4 million)
• No impairment losses on investment portfolio or loans and advances; operating result €11.4 million (H1 2008: €14.5 million)
• Expenses 7% lower compared with the second half of 2008
• BIS ratio climbs to 22% as at 30 June 2009 (year-end 2008: 18%); Tier 1 ratio improves to 19% (year-end 2008: 15%)
• 13% return on equity (H1 2008: 9%), well above external financial target
• Interim dividend €0.33 per KAS BANK ordinary share

Read our Press release of 20 August 2009.
Read the Enclosure of our Press release of 20 August 2009.