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Dexia in the abyss: loss of 905 million in the half year, the stock sinks

Dexia he closed the first semester with one net loss of 905 million due to "important non-recurring elements". This was announced by the Franco-Belgian banking group in a note. Last year Dexia, which was being dismantled, recorded a net loss of 1,16 billion.

Il title of the institute sinks on the Brussels stock exchange after the diffusion of the six-monthly data: -33,3%, to 0,03 euro, with very high volumes (over 164 million). The Bank underlined that in the period just ended there was a significant impact from "elements of accounting volatility" which weigh more than 389 million on the result after the introduction of a new accounting standard.

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