Belfius performs robustly in the first half-year, fulfils its commitments and strengthens its strategic positioning

28/08/2015

  • Net income from commercial activities up 38.4% to EUR 330 million euros
  • Accelerated reduction of the historic Legacy: negative impact of EUR 58 million on net income 
  • Net income up 22% to EUR 272 million 
  • Sharp reduction of costs (-8%)
  • Cost-Income ratio of commercial activities improved by 12% to 58%
  • EUR 6.4 billion of new long-term lending invested in the Belgian economy (+34%)
  • EUR 100 billion of savings and investments from individuals and SME (+3.6%)
  • Fine performances by Belfius Insurance: Non-Life premiums received up 6% and excellent combined ratio Non-Life at 92.7%
  • Excellent solvency: 14% (Basel III fully-loaded CET 1 ratio)
  • Total shareholder’s equity above EUR 8 billion 

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