La Franco-Belgian bank Dexia announced that in the first six months of 2012 it suffered a loss of 1,2 billioni despite the guarantees granted by the Belgian, French and Luxembourgish states which partially nationalized the bank, saving it from bankruptcy. The operating result is negative for 1,03 billion euros.
To magnify the hole of 1,2 billion euros was one write-down of the stake in the Austrian Kommulkredit Austria for 184 million euro.
On the stock exchanges in Paris and Brussels Dexia stock has been suspended at the request of Nyse Euronet but negotiations have already resumed: in the morning they even lost 8,7% to 0,21 euro.