BNP Paribas Fortis: 2014 Full Year Results

 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ RESILIENT BUSINESS PERFORMANCE

 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ IN A CHALLENGING ECONOMIC AND REGULATORY ENVIRONMENT

 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ---

 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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)