Recovery of profits held back by low interest rates

  • Total profit down 5% at €11.0 million, mainly due to sharply reduced interest income reflecting the very low interest rates
  • Commission income stable despite lower transaction volumes and a further decline in income from securities lending
  • Expenses continuing to fall, with operating expenses down 4% in H1 2010 compared with H2 2009
  • Interim dividend maintained on €0.33 (H1 2009: €0.33) per KAS BANK ordinary share

Read our Press release of 26 August 2010.
Read the Enclosure of our Press release of 26 August 2010.