According to preliminary figures, apoBank's profit increased again significantly
apoBank achieved - according to preliminary figures - a profit before risk provisions of EUR 259 m in fiscal year 2005. This shows an increase of 11% compared to the previous year. Net income after taxes improved 17% to EUR 105 m.
Net interest income increased 4% to a total of EUR 465 m in fiscal year 2005. Net commission income was EUR 119 m and therewith 31% above previous year's level. Cost/income ratio improved again in fiscal year 2005 and is at 56.5%.
A more detailed overview about the preliminary figures can be found on our investor relations pages in the financial highlights section. All figures are preliminary and have not been audited. The annual report 2005 will be published in June 2006.