Deutsche Hypo happy with H1
Investment & financeschedule 31 August 2017
EUROPE Deutsche Hypothekenbank recorded a 4.5 pct rise in profits y-o-y in the first half of 2017.
From normal operations this meant profits were up to EUR 35.2 mln from EUR 33.7 mln in the previous year. According to the company, this was due to the stable earnings situation and the continuing positive risk situation in the core area of commercial real estate finance. Return on equity increased to 7.6 pct, compared to 6.4 pct last year.
“Our positive business development in the first half of the year has laid the groundwork for us to achieve our ambitious targets for the whole year as
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