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Half-year consolidated net income at Germany’s Aareal Bank grew to €128 million ($139 million), up from the previous year’s €90 million, the company reported on Thursday. The bank’s operating profit for the first half rose by 31% to €181 million, helped by strong income growth. For the half year, net interest income grew 11% to €530 million from €476 million, as higher credit portfolio, good margins on new business and stable deposit-taking business contributed to this growth. Risk provisions reached €163 million for the first half of the year, compared to €160 million last year; it was largel…

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