Edition:
India

Deutsche Pfandbriefbank Raises 2019 Guidance


Thursday, 7 Nov 2019 

Nov 7 (Reuters) - DEUTSCHE PFANDBRIEFBANK AG ::DGAP-ADHOC: DEUTSCHE PFANDBRIEFBANK AG: PBB RAISES GUIDANCE FOR THE FULL YEAR 2019, TO A PRE-TAX PROFIT BETWEEN EUR205 MILLION AND EUR215 MILLION.GIVEN PERSISTENT ECONOMIC UNCERTAINTY, BANK ANTICIPATES ADJUSTING RISK PROVISIONING.IN LINE WITH Q4 OF PREVIOUS YEAR - REGULATORY AND INVESTMENT-RELATED EXPENSES WILL INCREASE.