7% growth in profit despite weak third quarter

  • The total result increased by 7% to € 11.7 million compared to 2012, partly as the result of one-off exceptional gains. At € 8.4 million the banking result lagged approximately 16% behind the result for the same period in 2012. The operating result declined marginally compared to the first six months of 2013.
  • The assets under administration increased by 4% to € 320 billion; the commercial results in the institutional market are developing favourably. The transaction market improved slightly compared to 2012.
  • Operating cost development to the end of September 2013 remained the same with respect to the first nine months of 2012.
  • Solvency was still strong at an average of 22%.

Read our press release here (PDF in new window).