BNP Paribas Fortis First Half Year Results 2018
In attachment you will find the press release and the slides of the half-year results 2018 of BNP Paribas Fortis.
BNP PARIBAS FORTIS
2018 FIRST HALF RESULTS
STRONG BUSINESS ACTIVITY CONTINUED GROWTH OF CUSTOMER LOANS AND DEPOSITS CUSTOMER LOANS[1] AT EUR 200 BILLION, +5.9%* vs. 31.12.2017 CUSTOMER DEPOSITS[2] AT EUR 174 BILLION, +5.6%* vs. 31.12.2017 |
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STABLE UNDERLYING RESULTS REVENUES: EUR 4,111 MILLION, +0.7%* vs. 1H 2017 COSTS: EUR 2,588 MILLION, +1.5%* vs. 1H 2017 LOW COST OF RISK AT 14bp NET INCOME: EUR 934 MILLION, +0.3%* vs. 1H 2017 |
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SOLID FINANCIAL STRUCTURE COMMON EQUITY TIER 1 RATIO[3] OF 13.7% LIQUIDITY COVERAGE RATIO OF 111%[4] |
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COMMITTED TO THE BELGIAN ECONOMY LOANS AT EUR 105 BILLION, +4.7% vs. 30.06.2017, +2.9% vs. 31.12.2017 DELIVERING ON DIGITALISATION, AGILITY AND SUSTAINABILITY |
* Excluding non-recurrent items, i.e. at constant scope, constant exchange rates, and excluding other one-off results (see page 7 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 fully-loaded basis, i.e. ratio taking into account all the CRD4 rules with no transitory provisions.
[4] On a non-consolidated basis.
