Brief: VP Bank H1 Group Net Income At CHF 35.3 Mln

VP Bank AG

20/08/2019 05:55

Aug 20 (Reuters) - VP BANK AG  VPBN.S :
    * H1 GROUP NET INCOME ROSE FROM CHF 29.3 MILLION TO CHF 35.3
MILLION
    * H1 ASSETS UNDER MANAGEMENT INCREASED FROM CHF 41.5 BILLION
TO
CHF 45.6 BILLION
    * H1 COST/INCOME RATIO FELL TO 68.6 PER CENT (IN THE
COMPARATIVE
PRIOR-YEAR PERIOD: 70.3 PER CENT)
    * H1 TIER 1 RATIO (CORE CAPITAL RATIO) AMOUNTED TO 19.7 PER
CENT
AND THE LEVERAGE RATIO WAS 6.9 PER CENT
    * H1 NET INTEREST INCOME OF CHF 54.6 MILLION (COMPARATIVE
PRIOR-YEAR PERIOD: CHF 55.0 MILLION)
    * H1  TOTAL OPERATING INCOME ROSE BY 10.1 PERCENT, OR CHF
14.9
MILLION, TO CHF 162.7 MILLION

Source text - https://bit.ly/2MphdUn
Further company coverage:  VPBN.S 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))