pbb expects strong Q1 2015 despite adjustments to provisions for the Heta-debt securities to 50% of the nominal value
15.04.2015
- Valuation adjustment on Heta positions in first quarter 2015 of €79 million, making a total of approximately €200 million
- Despite extraordinary burden, pre-tax profit Q1 2015 is expected to be above
€45 million thus significantly exceeding Q1 2014 - New business increases significantly in first quarter 2015 to €2.8 billion