image_press release

STRONG BUSINESS ACTIVITY

CONTINUED GROWTH OF CUSTOMER LOANS AND DEPOSITS

CUSTOMER LOANS[1] AT EUR 199 BILLION, +6.0%* vs. 31.12.2017

CUSTOMER DEPOSITS[2] AT EUR 175 BILLION, +5.8%* vs. 31.12.2017

 

GOOD RESULTS WITH A NET INCOME AT EUR 1,932 MILLION

LOWER REVENUES IN BELGIUM AND LUXEMBOURG
COMPENSATED BY GOOD PERFORMANCE OF GROWING DIVISIONS

REVENUES: EUR 8,053 MILLION, +2.1%* vs. 2017

STABLE COSTS WITH A DECREASE IN BELGIUM
COSTS: EUR 4,847 MILLION, +0.4%* vs. 2017

LOW COST OF RISK AT 20bp

NET INCOME: EUR 1,932 MILLION, +6.0%* vs. 2017

 

STRONG FINANCIAL STRUCTURE

COMMON EQUITY TIER 1 RATIO OF 13.9%

LIQUIDITY COVERAGE RATIO OF 141% 3

 

COMMITTED TO THE BELGIAN ECONOMY

LOANS AT EUR 106 BILLION, +4.2% vs. 31.12.2017

CONTINUED PROGRESS ON DIGITISATION

WIDE RANGE OF SUSTAINABILITY INITIATIVES



* Excluding non-recurrent items, i.e. at constant scope, constant exchange rates and excluding other one-off results (see page 8 for more details).

[1] Customer loans are loans and receivables due from customers excluding securities and reverse repos and including the property, plant and equipment of Arval.

[2] Customer deposits consist of amounts due to customers excluding repurchase agreements (‘repos’).

[3] On a non-consolidated basis.

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