2019

in thousands of EUR

Bank
Netherlands

Bank
Belgium

Bank
United
Kingdom

Bank
Spain

Bank
Germany

Total banking activities

Investment Management

Other

Elimination intercompany transactions

Total

1

Note that at the time this statement was prepared, the Annual Accounts of funds under management are subject to approval of the annual general meeting.

Funds entrusted

4,666,000

2,128,848

1,369,846

2,043,433

504,484

10,712,611

 

 

–22,606

10,690,005

Number of accounts

443,173

87,740

71,694

203,816

24,393

830,816

 

 

 

830,816

 

 

 

 

 

 

 

 

 

 

 

Loans

3,317,164

1,819,420

1,152,331

1,410,945

530,432

8,230,292

 

 

–42,822

8,187,470

Number of loans

34,586

4,933

4,342

21,586

12,539

77,986

 

 

–2

77,984

 

 

 

 

 

 

 

 

 

 

 

Balance sheet total

5,294,143

2,439,409

1,627,528

2,257,727

693,248

12,312,055

 

1,852,226

–2,103,983

12,060,298

Funds under management1

800,293

618,093

 

 

 

1,418,386

4,973,533

79,413

–800,293

5,671,039

Total assets under
management

6,094,436

3,057,502

1,627,528

2,257,727

693,248

13,730,441

4,973,533

1,931,639

–2,904,276

17,731,337

 

 

 

 

 

 

 

 

 

 

 

Total income

95,375

47,905

35,852

48,718

13,000

240,850

51,167

3,836

–3,790

292,063

Operating expenses

–73,371

–33,797

–28,865

–39,493

–12,699

–188,225

–35,324

–14,853

3,790

–234,612

Impairments loan portfolio

1,104

–1,338

104

–3,465

–349

–3,944

 

 

 

–3,944

Value adjustments to
participations

 

 

 

 

 

 

 

280

 

280

 

 

 

 

 

 

 

 

 

 

 

Operating result

23,108

12,770

7,091

5,760

–48

48,681

15,843

–10,737

 

53,787

Taxation on operating result

–5,534

–3,945

–1,281

–1,549

–313

–12,622

–3,960

1,546

 

–15,036

Net profit

17,574

8,825

5,810

4,211

–361

36,059

11,883

–9,191

 

38,751

 

 

 

 

 

 

 

 

 

 

 

Average number of FTE’s during
the year

241.5

135.3

177.2

282.2

56.3

892.5

167.6

285.5

 

1,345.6

 

 

 

 

 

 

 

 

 

 

 

Operating expenses/total
income

77%

71%

81%

81%

98%

78%

69%

 

 

80%

2018

in thousands of EUR

Bank
Netherlands

Bank
Belgium

Bank
United
Kingdom

Bank
Spain

Bank
Germany

Total banking activities

Investment Management

Other

Elimination intercompany transactions

Total

1

Note that at the time this statement was prepared, the Annual Accounts of funds under management are subject to approval of the annual general meeting.

Funds entrusted

4,031,752

1,906,831

1,198,466

2,031,560

401,305

9,569,914

 

 

–11,711

9,558,203

Number of accounts

459,383

81,791

62,570

212,847

22,651

839,242

 

 

 

839,242

 

 

 

 

 

 

 

 

 

 

 

Loans

2,712,248

1,728,661

968,806

1,394,711

443,544

7,247,970

 

 

 

7,247,970

Number of loans

32,850

4,402

3,300

19,081

9,118

68,751

 

 

 

68,751

 

 

 

 

 

 

 

 

 

 

 

Balance sheet total

4,646,015

2,171,846

1,389,746

2,308,442

574,409

11,090,458

 

1,660,860

–1,901,240

10,850,078

Funds under management1

631,280

447,103

 

 

 

1,078,383

4,206,041

19,865

–631,280

4,673,009

Total assets under
management

5,277,295

2,618,949

1,389,746

2,308,442

574,409

12,168,841

4,206,041

1,680,725

–2,532,520

15,523,087

 

 

 

 

 

 

 

 

 

 

 

Total income

85,746

47,453

33,096

41,369

10,065

217,729

39,206

8,253

–4,088

261,100

Operating expenses

–61,822

–36,288

–29,747

–37,011

–11,281

–176,149

–31,416

–8,573

4,087

–212,051

Impairments loan portfolio

1,840

–1,096

213

–3,979

–458

–3,480

 

 

 

–3,480

Value adjustments to
participations

 

 

 

 

 

 

 

–532

 

–532

 

 

 

 

 

 

 

 

 

 

 

Operating result

25,764

10,069

3,562

379

–1,674

38,100

7,790

–852

–1

45,037

Taxation on operating result

–6,033

–3,242

–1,027

–148

234

–10,216

–1,947

1,795

 

–10,368

Net profit

19,731

6,827

2,535

231

–1,440

27,884

5,843

943

–1

34,669

 

 

 

 

 

 

 

 

 

 

 

Average number of FTE’s during
the year

229.2

135.3

166.9

277.4

52.8

861.6

168.7

266.4

 

1,296.7

 

 

 

 

 

 

 

 

 

 

 

Operating expenses/total
income

72%

76%

90%

89%

112%

81%

80%

 

 

81%