March 3 (Reuters) - VP Bank AG VPB.S :
* Posts group net income of 20.0 million Swiss francs
($20.90 million) in 2014 vs 38.7 million francs year ago
* FY gross income declined by 7.0 per cent in comparison
with the previous year from 239.4 million francs to a total of
222.7 million francs
* Says FY 2014 tier 1 ratio (core capital ratio): 20.5 per
cent
* Will propose a dividend of 3.00 francs per bearer share
and 0.30 francs per registered share
* Sees FY 2015 ongoing uncertainties
Source text: http://bit.ly/1M4diT3
Further company coverage: VPB.S
($1 = 0.9569 Swiss francs)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))