Profit increaseBGL BNP Paribas report an 8% rise in net profits compared to 2017

RTL Today
2018 was internationally recognised as a difficult period for financial markets with low interest rates and volatile stock prices. However, there is evidence of positive business growth.
Etienne Reuter of BGL BNP Paribas
Etienne Reuter of BGL BNP Paribas

Thursday saw BGL BNP Paribas present final figures. In comparison to 2017, BGL BNP Paribas’ net profits increased by 8%, roughly €1,4 billion.

The bank continues to have a high solvency rate with €5,9 billion worth of capital. They settled for distributing €207 million in dividends, with the state, as shareholder, receiving €70 million. These numbers demonstrate the bank’s stability, according to Etienne Reuter, president of the administrative board.

Video in Luxembourgish

Etienne Reuter (video in Luxembourgish)
D’Bank huet weider eng héich Solvabilitéit mat Eegemëttel vu 5,9 Milliarden Euro.

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