March 31, 2017 / 12:53 PM / 5 months ago

BRIEF-Varengold Bank posts FY net loss of 1.486 million euros

March 31 (Reuters) - Varengold Bank Ag

* Interest income earned by bank rose from 1.326 million euros ($1.42 million) in 2015 to 4.474 million euros in 2016

* FY net income from trading portfolio fell from 11.117 million euros to 5.685 million euros

* Preliminary net loss for year of 1.486 million euros (previous year: loss 13.218 million euros)

* Is viewing 2017 fiscal year with confidence Source text for Eikon: Further company coverage: ($1 = 0.9368 euros) (Gdynia Newsroom)

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