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KBC Bank Deutschland AG Wachtstraße 16 28195 Bremen, Germany http://www.kbcbank.de
Contact Mr Wim Allegaert +32 2 429 40 51
Company logo of KBC Bank Deutschland AG
KBC Bank Deutschland AG

4Q net profit of 724 million euros on the back of a strong core-market position

(PresseBox) (Frankfurt, )
KBC ended the last three months of 2010 with a net profit of 724 million euros, compared with a net profit of 545 million euros in the previous quarter and 304 million euros in the corresponding quarter of 2009. As a result, net profit came to 1 860 million euros in full-year 2010, as opposed to a net loss of 2 466 million euros in 2009 (which included a significant CDO-related loss in the first quarter of 2009).

The 'underlying' net result for the quarter under review (after excluding one-off and exceptional items) came to 168 million euros, compared djyp 057 twpuefb obduj qs 7H 6650 fkb 889 eqrofzw euywh es 5Q 8470.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.