ENP Newswire -
Release date- 22082014 -
Underlying net profit increased by
Reported net profit in Q2 2014 of
Net interest income improved by 6% year-on-year, whereas total revenues were slightly lower. The underlying cost/income ratio amounted to 61%
Underlying loan impairments decreased by
Underlying return on equity for Q2 2014 was 9.2%
The CET1 ratio was 12.8% and the fully-loaded CET1 ratio amounted to 12.7%
'In the second quarter, the Dutch economy showed signs of further improvement. The Dutch housing market continued to improve in the second quarter, resulting in a growing number of residential housing transactions and an on-going rise in average house prices since the middle of last year.
The underlying net profit of
Overall, we are satisfied with the results and remain cautiously optimistic about the recovery of the Dutch economy, although with geopolitical risks in the world mounting, the upward trend may be strained going forward.'
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
OCTOBER 31, 2014
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