Thursday June 4, 2020

Depfa looks to speed up closure as first-half losses rise

Ian Guider

Markets Editor

2nd September, 2018

Depfa, the Dublin-headquartered German bank, has reported a wider first-half loss as it continues to assess ways to speed up its closure. The bank, which was one of the first victims of the global financial crisis, last week reported a first-half loss of €18 million from a prior year loss of €1 million as a result of lower interest income on loans.

Last week, Depfa announced that it was also calling for a meeting of...

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