• Net profit decreased by 47% to €783m for 2020
• Loan loss provisions were €1.3bn for 2020 compared to €39m for 2019 due to COVID-19 burdens
• RoTE was 5.1% for 2020 compared to 11.2% for 2019
• Dividend per share proposal is €0.50 for FY2020, in line with ECB’s recommendation. An additional €1.00 per share has been reserved for a potential later payment.
26 Feb 2021
Solid 2020 figures burdened by COVID-19
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Solid 2020 figures burdened by COVID-19
- Published:
26 Feb 2021 -
Author:
Dieter Hein -
Pages:
3
• Net profit decreased by 47% to €783m for 2020
• Loan loss provisions were €1.3bn for 2020 compared to €39m for 2019 due to COVID-19 burdens
• RoTE was 5.1% for 2020 compared to 11.2% for 2019
• Dividend per share proposal is €0.50 for FY2020, in line with ECB’s recommendation. An additional €1.00 per share has been reserved for a potential later payment.