The German lender overcame the EUR 32m deficit in the firstquarter to book a net profit of EUR 87m in the six months to 30 June comparedto EUR 67m in the first half of 2012.

The improvement came despite the firm almost tripling provisions for loan losses to EUR 432m during the period from EUR 146m last time round.

“After a difficult start to the year we’re back in theprofit zone,” said Dr.