Stefan Ermisch
- Nine-month Group net income before taxes of € 8 (previous year: 201) million
- Guarantee brings negative impact of € -188 million – including cash settlement for early termination
- Administrative expenses reduced by 13% to € -319 million
- CET1-ratio consolidated at a good level at 16.1% (31 Dec. 2017: pro forma 15.4%)
- Total assets condensed to € 61.3 (31 Dec. 2017: 70.4) billion Leverage ratio very high at 8.1% – solid balance-sheet structure
HAMBURG/KIEL – In the third quarter HSH...
http://www.allaboutshipping.co.uk/2018/11/16/hsh-nordbank-privatisation-marks-nine-month-results/