Summary
Benelux financial services group Fortis posted a much higher- than-expected second-quarter net profit of 1.06 billion euros (pounds 721 million) as lower taxes and higher investment gains boosted earnings.
Fortis said net profit, excluding the impact of divestments, inched up one per cent compared with a strong first quarter and was around 30 per cent higher than last year's second quarter.See the full content of this document
Extract
Fortis Going Strong and Looking to Expand
The bank, which has a market value of more than pounds 20 billion, is buying Turkey's Disbank for 986.8 million euros (pounds 671 mi...
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