Depfa, the Dublin-based German bank that was one of the biggest casualties of the global financial crisis, cut its losses by more than two-thirds last year.
The bank, which is headquartered in the International Financial Services Centre, made a loss of €53 million, down from €185 million in 2015, according to its annual report published last week.
The lender needed to be rescued in 2008 by the German state, which took over the company and placed...
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