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

The Bank underlined that in the period just ended there was an important impact from "elements of accounting volatility" which weigh more than 389 million on the result after the introduction of a new accounting rule - Last year Dexia, in dismantling phase, had recorded a net loss of 1,16 billion.

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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