STRONG OPERATING PERFORMANCE DESPITE PERSISTENTLY LOW INTEREST RATE ENVIRONMENT
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CUSTOMER LOANS1 AT EUR 170 BILLION, +6.5%* vs. 31.12.2014 CUSTOMER DEPOSITS1 AT EUR 173 BILLION, +4.8%* vs. 31.12.2014 SOLID GROWTH IN CUSTOMER LOANS REFLECTING THE IMPORTANT ROLE OF THE BANK IN FINANCING THE ECONOMY |
REVENUES: EUR 7,235 MILLION, +5.2%* vs. 2014 STRONG PERFORMANCE IN BELGIAN RETAIL BANKING CONTINUED GROWTH IN TURKEY |
OPERATING EXPENSES: EUR 4,427 MILLION, +1.9%* vs. 2014 FURTHER COST MANAGEMENT HIGHER BELGIAN BANKING TAXES AND LEVIES CONTINUED INVESTMENTS IN TURKEY |
NET INCOME: EUR 1,575 MILLION, +7.4%* vs. 2014 |
A FULLY LOADED BASEL 3 COMMON EQUITY TIER 1 RATIO2 OF 12.5% |
* Excluding non-recurrent items (see page 5 for more details)
1Customer 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
2Ratio taking into account all the CRD4 rules with no transitory provisions