Brief: Varengold Bank H1 net interest income negative at EUR 1.168 mln

Ascory Bank AG

25/08/2015 14:30

Aug 25 (Reuters) - Varengold Bank AG  VG8G.DE : 
    * Interest income of company increased from 807,000 euros  
($925,951.80) in first half of 2014 to 1.128 million euros in 
first half of 2015 
    * H1 net commission income recorded an increase from 673,000 
euros to 1.524 million euros and was primarily driven by capital 
markets division 
    * H1 result of ordinary business activity of Varengold Bank 
AG amounted to -2.456 million euros (H1 2014: -1.333 million 
euros) 
    * H1 negative net interest income of 1.168 million euros was 
achieved 
 
Source text for Eikon:  ID:nEQ7GsWpza  
Further company coverage:  VG8G.DE  
 
($1 = 0.8715 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))