[Düsseldorf, 6 March 2014] IKB Deutsche Industriebank is reporting the following figures for the first nine months of 2013/14:
Table: Income statement of IKB (Group, HGB)
in € million | 1 Apr. 2013 to 31 Dec. 2013 | 1 Apr. 2012 to 31 Dec. 2012 | Change |
Net interest and lease income | 227 | 172 | 55 |
Net fee and commission income | 22 | -4 | 27 |
Net trading results | 6 | -1 | 7 |
Administrative expenses | -211 | -220 | 9 |
Net other income* | -36 | 68 | -104 |
Net risk provisioning | -79 | -5 | -74 |
Tax income/expense | 109 | -6 | 115 |
Consolidated net income | 39 | 4 | 35 |
Some totals may be subject to discrepancies due to rounding differences.
* incl. € 265 million addition to fund for general banking risk
IKB continued its reduction of risk-weighted assets (RWA) in accordance with
Basel 2 to € 13.9 billion as at 31 December 2013 (31 March 2013:
€ 15.8 billion). The risk position as per the more stringent eligibility requirements of the CRR (Basel 3) amounted to € 14.8 billion. € 265 million was allocated to the fund for general banking risk (section 340g HGB). Total assets amounted to € 25.8 billion (31 March 2013: € 27.6 billion).
IKB applied to the regulatory authority for the recognition of the addition to the fund for general banking risk and interim group profits in its calculation of common equity tier 1 capital in the third quarter of the financial year.
With the regulatory authority granting its approval, IKB will report common equity tier 1 capital (CET 1) as at 31 December 2013 of 9.1% - calculated in
line with CRR regulations that took effect as at 1 January 2014. Under the
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comprehensive assessment of the European Central Bank (ECB), a CET 1 ratio of at least 8% is stipulated for this date.
This notice has been issued due to IKB's participation in the ECB's comprehensive assessment. Further information on business performance at IKB can be found in the 6-month report 2013/14 (as at 30 September 2013).
Dr. Jörg Chittka, tel: +49 211 8221-4349;
Armin Baltzer, tel: +49 211 8221-6236, e-mail: presse@ikb.de
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