PropertyEU

SNS Reaal sees Dutch property writedowns double in H1

By A staff reporter 2012-08-16T00:00:00

Dutch bank SNS Reaal reported further hefty writedowns on its Dutch property portfolio in the first half of 2012. The bank booked a net loss of EUR 131 mln at its property finance unit following a EUR 140 mln writedown on the loan portfolio. In the same period a year ...

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