BNP Paribas Fortis 2020 First half Results
In attachment you will find the press release and the slideshow of the half-year results 2020 of BNP Paribas Fortis.

STRONGLY COMMITTED TO SUPPORT THE BELGIAN ECONOMY IN THE CURRENT EXCEPTIONAL CIRCUMSTANCES OF THE HEALTH CRISIS CUSTOMER LOANS AT EUR 115 BILLION, CUSTOMER DEPOSITS AT EUR 136 BILLION, |
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ROBUST BUSINESS ACTIVITY ON A CONSOLIDATED LEVEL |
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WITHIN THE CONTEXT OF CURRENT HEALTH CRISIS AND THE PERSISTENTLY LOW INTEREST RATES, GOOD OPERATING RESULTS AND LEVEL OF NET INCOME REVENUES: EUR 3,978 MILLION, +1.0%* vs. 1H 2019 COSTS: EUR 2,418 MILLION, DOWN BY -0.7%* vs. 1H 2019 GROSS OPERATING INCOME: EUR 1,560 MILLION, +3.7%* vs. 1H 2019 COST OF RISK AT EUR 360 MILLION OR 34bp, +67.1%* vs. 1H 2019 PRE-TAX INCOME: EUR 1,309 MILLION, -8.8%* vs. 1H 2019 NET INCOME: EUR 804 MILLION, -14.9%* vs. 1H 2019 |
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STRONG FINANCIAL STRUCTURE |
* Excluding non-recurrent items, i.e. at constant scope, constant exchange rates and excluding other one-off results (see page 5 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.