Profit recovery, further increase in client satisfaction

  • Total profit increased in 2012 to €15.5 million (+52%), operating profit 7% higher
  • Fees and commission income increased by 2%, Assets under Administration increased by over 10% to €303 billion
  • Interest income 11% lower as a result of the historic low interest rates in the financial markets
  • Continued cost containment, operating expenses 1% lower than in 2011
  • Overall market position in Europe stronger as a result of the partnership with dwpbank and a successful approach to the Dutch institutional market
  • Continued rise in client satisfaction, supported by industry recognition through winning various awards in 2012 (IT Innovation Award, European Custodian of the Year 2012)
  • €0.64 per share will be proposed as dividend for 2012. This is equal to 60% of the total result for 2012

Read the full text of the press release including the Consolidated Balance Sheet and Consolidated Income Statement (PDF in a new window)