CEO Stefan Ermisch
Solid 2018 financial year for Hamburg Commercial Bank
– Group net result before taxes of € 97 (-453) million
– CET1 ratio improved further to 18.5 (15.4)%
– Administrative expenses lowered by 16%
– CEO Ermisch: “Driving transformation forward; becoming profitable”
Hamburg – Hamburg Commercial Bank AG closed out the 2018 financial year with a positive result, solid new business and strong capital ratios. The Bank furthermore successfully completed its privatization, reduced its...
http://www.allaboutshipping.co.uk/2019/03/28/solid-2018-financial-year-for-hamburg-commercial-bank/