loan provisions

68% increase in net profits posted by Deutsche Bank for the second quarter

July 28, 2009 - 6:58am | Banks and internet banks | News
68% increase in net profits posted by Deutsche Bank for the second quarter

According to the Reuters analysts survey, Deutsche Bank AG's second-quarter net profit increased by 68% to 1.092 billion euros (or $1.56 billion), boosted by its investment banking arm. At the same time, loan provisions moved up sharply leveraged by economic slowdown.


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