Triodos Bank Private Banking
EUR 1,232 million
Private Banking increased its
funds under management
by 13% to EUR 1,232 million.
Private Banking offers a broad range of financial and non-financial services to wealthier people, foundations, associations and religious institutions. Sustainable asset management is the core service within Triodos Private Banking, and includes both Triodos investment funds and private asset management.
Private Banking’s focus is primarily on developing effective dialogue with investors and less on asset growth. However, it increased its funds under management by 13% to EUR 1,232 million against a target of between 15 and 20%. EUR 419 million of these funds are managed by Triodos Private Banking but accounted for on the balance sheet of the Dutch branch.
Triodos Private Banking expects interest in its sustainable investment offering in The Netherlands, Belgium and increasingly Germany to continue to be substantial and expects long term growth to be between 15 and 20%.