Also, we find it disappointing that the bank again needs another major restructuring round to get a grip on costs.
Ton Gietman
find
Major restructuring efforts should no longer be seen as a one-off event. They have become a rather regular feature.
In view of the exceptionally low loan loss charge and the tax credits in 2005, it will be a significant challenge to increase the net profit in 2006.
challenge loss profit tax view
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