Profit increase and growth in pension segment

  • Operational profit growth of 15% to € 6.9 million (H1 2013: € 6.0 million)
  • Compensation from dwpbank of € 15 million net will be mostly reinvested in IT and Operations in the institutional market
  • Growth in Asset under Administration with 16% to € 360 billion; strongest growth in core segment pension funds
  • Decrease of 13% in operating expenses due to restructuring and lower housing expenses
  • Capital ratio strong at an average of 25%

Read the unabridged press release Profit Increase and Growth in Pension Segment including balance sheet and income statement here (PDF, opens in new window).