Frankfurt (dpa-AfX)-For 2024, the Landesbank Hessen-Thuringia (Helaba) has targeted an input tax result at the record level of the previous year. The balance sheet template will show whether Germany’s third largest Landesbank has reached the goal this Thursday (9.30 a.m.).
In 2023, Helaba had achieved its highest group result before taxes with 722 million euros. The surplus had also exceeded the previous year at 466 million euros.
Like other money houses, the Helaba, which is service providers for savings banks in Hesse, Thuringia, North Rhine-Westphalia and Brandenburg, benefited from increased interest. On the other hand, turbulence in the market caused commercial properties.
In the medium term, Helaba boss Thomas Groß wants to increase the input tax to one billion euros. This is to be achieved in the period of three to five years ,/ben/dp/jha