August 23, 2019 / 5:18 AM / a month ago

BRIEF-Swiss bank ZKB's H1 net falls 5% as interest rates bite

Aug 23 (Reuters) - Cantonal Bank of Zurich:

* SAYS POSTS H1 PROFIT OF 418 MILLION SFR

* SAYS PROFIT FELL AROUND 5% AMID LOWER INTEREST RATES AND GEOPOLITICAL UNCERTAINTIES

* SAYS INTEREST RATE DEVELOPMENTS, GEOPOLITICAL ISSUES AND A SLOWING WORLD ECONOMY WILL BE A CHALLENGE IN H2 Further company coverage: (Reporting by John Miller)

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