Brief: Varengold Bank posts FY net loss of 1.486 million euros

Ascory Bank AG

31/03/2017 13:48

March 31 (Reuters) - Varengold Bank Ag  VG8G.DE  
    * Interest income earned by bank rose from 1.326 million 
euros  ($1.42 million) in 2015 to 4.474 million euros in 2016 
    * FY net income from trading portfolio fell from 11.117 
million euros to 5.685 million euros 
    * Preliminary net loss for year of 1.486 million euros 
(previous year: loss 13.218 million euros) 
    * Is viewing 2017 fiscal year with confidence 
 
Source text for Eikon:  ID:nEQc8pqql  
Further company coverage:  VG8G.DE  
 
($1 = 0.9368 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))