BGL BNP PARIBAS financial results for the year to 31 December 2018

fr en de

A year of commercial growth and investment despite a challenging market environment

<< Back
04/04/2019 |
  • BGL

Net banking income rose by 8% to EUR 1.447 billion

  • Luxembourg Retail and Corporate Banking recorded a substantial 12% rise in average deposits and 8% rise in average loan outstanding relative to 2017.
  • The Wealth Management business line performed well in a year dominated by the acquisition of ABN AMRO Bank (Luxembourg) S.A. Assets under management rose by 23% and there was a 10% increase in average loan outstanding.
  • Leasing International continued to expand its business in line with its strategy, achieving strong growth in average sums outstanding of 16%.

Overheads of EUR 763.9 million

  • In addition to growth resulting from the absorption of new subsidiaries, the overheads figure reflects ongoing investment in strategic projects relating to commercial development and the provision of digital solutions for the banking and leasing divisions. Current operating expenses are entirely consistent with the development of the Bank’s activities.

Group consolidated net profit excluding minority interests came to EUR 338.9 million

High solvency maintained

  • Own funds amounted to EUR 5.9 billion.
  • The solvency ratio stood at 22.6%, which is well above the regulatory minimum.

More information in the document below

Back to top  | << Back

Communiqués liés

Norton-Rose-Fulbright-1
18/06/2019 Personnalités

Norton Rose Fulbright strengthens investment funds practice ...

Two years on from its expansion into Luxembourg, global law firm Norton Rose Ful...

Norton Rose Fulbright
partnership-official-signature

CODIPRO signe un partenariat exclusif avec les USA

CODIPRO USA, situé à Greensburg, en Pennsylvanie, devient le partenaire exclus...

Codipro
Cargolux

Cargolux adds Santiago de Chile to its global network

On June 14th, Cargolux Airlines returned to Santiago de Chile on a re-designed S...

Cargolux
E Ragot Brochure 2015
14/06/2019 Personnalités

Emmanuelle Ragot appointed to head Wildgen’s employment la...

Wildgen is delighted to announce that Partner Emmanuelle Ragot (Head of Data/IP/...

wildgen
Kleos Scouting Mission artwork
14/06/2019

Luxembourg Space Agency approuve une attribution d’un mill...

Financement pour le développement de produits futurs de données à plus grande...

Kleos Space S.A.
ING
14/06/2019

Au Luxembourg, les utilisateurs de services bancaires digita...

71 % des personnes interrogées au Luxembourg considèrent l’authentification ...

ING Luxembourg

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more