Despite a good summer, Deutsche Pfandbriefbank still does not dare to make a profit forecast

In the third quarter, Deutsche Pfandbriefbank increased its pre-tax profit by seven percent to EUR 75 million compared to the same period in the previous year. This was mainly due to increased net interest income. Meanwhile, the money house put back another 14 million euros for possible loan defaults. In the first nine months of the year, she put 84 million euros into risk provisioning. A higher tax burden canceled out the profit increase in the third quarter. The surplus fell by 14 percent to 48 million euros.

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