Business performance up on previous year: LBBW delivers strong result in the first half of the year

Including integration effects, the pre-tax profit of €705 million was only slightly below the previous year’s figure.

CEO Rainer Neske: “The half-year result shows that LBBW is strategically well positioned, high-performing and resilient. With Berlin Hyp under the umbrella of our universal bank, we have also created the leading CRE competence center and further strengthened our market position. We understand our customers’ needs and have the financial strength to stand by them as a partner even in difficult times.”

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