BNP Paribas Fortis First Half Year Results 2019
In attachment you will find the press release and the slides of the half-year results 2019 of BNP Paribas Fortis.
SUSTAINED BUSINESS ACTIVITY CONTINUED GROWTH OF CUSTOMER LOANS AND DEPOSITS CUSTOMER LOANS[1] AT EUR 202 BILLION, +2.9%* vs. 31.12.2018 CUSTOMER DEPOSITS[2] AT EUR 182 BILLION, +4.7%* vs. 31.12.2018 COMMITTED TO THE BELGIAN ECONOMY CUSTOMER DEPOSITS AT EUR 129 BILLION, |
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OVERALL GOOD RESULTS WITH A NET INCOME AT EUR 1,050 MILLION REVENUES: EUR 4,014 MILLION, +3.7%* vs. 1H 2018 COSTS: EUR 2,517 MILLION, +0.5%* vs. 1H 2018 LOW COST OF RISK AT 23bp PRE-TAX INCOME: EUR 1,539 MILLION, +0.8%* vs. 1H 2018 NET INCOME: EUR 1,050 MILLION, +5.0%* vs. 1H 2018 |
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STRONG FINANCIAL STRUCTURE COMMON EQUITY TIER 1 RATIO OF 13.3% LIQUIDITY COVERAGE RATIO OF 120%[3] |
* 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.
