RESILIENT BUSINESS PERFORMANCE
IN A CHALLENGING ECONOMIC AND REGULATORY ENVIRONMENT
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CUSTOMER DEPOSITS[1] AT EUR 167 BILLION, +5.3%* vs. 2013
CUSTOMER LOANS1 AT EUR 161 BILLION, +4.7%* vs. 2013
STRONG GROWTH IN LOANS AND DEPOSITS SUPPORTING HIGHER REVENUES
AND REFLECTING THE BANK’S ROLE IN FINANCING THE ECONOMY
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REVENUES: EUR 7,011 MILLION, +4.3%* vs. 2013
GOOD COMMERCIAL PERFORMANCE IN BELGIUM
STRONG GROWTH IN TURKEY
SOUND CONTRIBUTION FROM PERSONAL FINANCE
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OPERATING EXPENSES: EUR 4,511 MILLION, +1.4%* vs. 2013
ONGOING CONTAINMENT OF OPERATING EXPENSES
HIGHER BELGIAN BANKING TAXES AND LEVIES
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COST OF RISK: EUR 283 MILLION, -47%* vs. 2013
LOW LEVEL OF COST OF RISK
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NET PROFIT: EUR 1,246 MILLION, +15%* vs. 2013
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A SOLID BALANCE SHEET WITH A STRONG SOLVENCY
A PHASED-IN BASEL 3 COMMON EQUITY TIER 1 RATIO OF 14.5%
A FULLY LOADED BASEL 3 COMMON EQUITY TIER 1 RATIO OF 11.9%
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PROPOSED DIVIDEND OF EUR 2.58 PER SHARE
Read the press release below.
[1] Customer deposits consist of amounts due to customers excluding repurchase agreements (‘repos’). Customer loans are loans and receivables due from customers, excluding securities and reverse repos.
* Excluding non-business-related items (See page 5 and 6 for more details)