Aareal Bank Group posts a solid result for the third quarter
(WorldNews Germany)

Aareal Bank Group posts a solid result for the third quarter Aareal Bank Group continued with its positive business development in the third quarter of the current year. Consolidated operating profit of EUR 64 million for the third quarter (Q2 2019: EUR 61 million; Q3 2018: EUR 70 million) Net interest income stable at EUR 134 million, in spite of the extreme low interest rate environment - further increase in net commission income thanks to revenue growth at IT subsidiary Aareon Strong new business in the Structured Property Financing segment