Detail akcie ASCORY BANK AG online

Business Summary: Ascory Bank AG, formerly Varengold Bank AG is a Germany-based private bank and provider of asset management services. It serves both retail customers and business clients. For retail customers, it provides saving deposits. For business clients, it provides asset management, including alternative investment solutions; commercial banking, including customized financing structures for small and medium-sized companies, financial advisory services and international payment processing; and investment banking services, with focus on consultation and financing solutions in the areas of both equity capital and debt capital markets. The Company operates through offices in Hamburg, Germany and in London, the United Kingdom.
Financial Summary: BRIEF: For the six months ended 30 June 2025, Ascory Bank AG interest income decreased 17% to EUR23.8M. Net interest income after loan loss provision decreased 29% to EUR14.6M. Net income decreased 99% to EUR40K. Net interest income after loan loss provision reflects Interest Income decrease of 18% to EUR23.2M. Net income also reflects Other Administrative Expenses increase of 47% to EUR11.9M (expense).