Brief: Banque Cantonale de Geneve H1 commission income down at CHF 48 mln

Banque Cantonale de Geneve

09/08/2016 06:02

Aug 9 (Reuters) - Banque Cantonale De Geneve  BCGE.S : 
    * For the full-year, the bank is forecasting a level of operating profit close to the 2015 
figure 
    * H1 commission income has been influenced by the economic context and fell back to 48 
million Swiss francs ($48.85 million) 
    * H1 operating profit has held up at a high level (53.4 million francs), despite negative 
rates, the drop in commodity prices and a difficult stock market environment 
    * H1 net profit fell back slightly to 42.7 million francs 
    * H1 assets under management and administration have increased by 3.6 percent to 22.5 
billion francs 
 
Source text - http://bit.ly/2aIbZNW 
Further company coverage:  BCGE.S  
 
($1 = 0.9827 Swiss francs) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))