Preliminary pre-tax profit decreased by 23% to €495m for FY2017 compared to FY2016. Net interest income was slightly up by 1% to €4.2bn for FY2017 compared to FY2016. Trading income rose by 7% to €1.1bn in 2017. Loan loss provisions declined by 13% to €781m for 2017. Revenues before loan loss provisions decreased by 2.5% to €9.2bn for 2017 compared to 2016. Operating expenses were slightly down by 0.3% to €7.1bn in the same period. Restructuring expenses were &eu
08 Feb 2018
Still very low return, a dividend now targeted for FY2018
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Still very low return, a dividend now targeted for FY2018
Preliminary pre-tax profit decreased by 23% to €495m for FY2017 compared to FY2016. Net interest income was slightly up by 1% to €4.2bn for FY2017 compared to FY2016. Trading income rose by 7% to €1.1bn in 2017. Loan loss provisions declined by 13% to €781m for 2017. Revenues before loan loss provisions decreased by 2.5% to €9.2bn for 2017 compared to 2016. Operating expenses were slightly down by 0.3% to €7.1bn in the same period. Restructuring expenses were &eu