Deutsche Postbank reports improving results
Chairman of the management board Stefan Jütte has expressed his confidence that Deutsche Postbank will record a net profit in its 2010 annual results.
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German Postbank Set to Expand Mobile Sales After BHW Takeover
Deutsche Postbank AG, the banking arm of German postal services group Deutsche Post AG, plans to increase the annual profit per customer in its mobile sales business after the takeover of German mortgage lender BHW Holding AG and its integration into Postbank, the bank’s CEO Wolfgang Klein said in an interview on July 18, 2006.
Currently, Postbank generates some 100 euro (125.2 USD) profit per mobile customer annually, while the old BHW business has an annual profit of some 300 euro (376 USD) per mobile customer.
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