1. The Secretary of State for Trade and Industry on the implications of amendment to political risk provision in the Export and Guarantees Bill. 2. Commerzbank AG doubled operating profit in the first half, as trading income rose and risk provisions came down from the exceptionally high level of a year ago. 3. Dresdner said in May that first-quarter operating profit before risk provisions more than doubled. 4. Dresdner said in May that operating profit before risk provisions more than doubled in the first quarter. 5. He said he expects the risk provisions for the full year to be roughly at the same level as in the previous year. 6. Hein remains optimistic about German banks because the low growth in interest earnings is balanced by the reduction in risk provisions. 7. He said the risk provisions were primarily related to loans made to Latin American countries. 8. Hypobank said it expects operating profit to be better in the second half, not least because it may lower risk provisions. 9. Improved trading income and reduced risk provisions offset sluggish interest revenues. 10. In keeping with these standards, the bank for the first time disclosed gross new provisions as well as income from risk provisions that were dissolved. |