Historic half-yearly net result for Belfius - Finance

Historic half-yearly net result for Belfius – Finance

Belfius achieved a net profit of 428.5 million euros during the first six months of the year, which constitutes an increase of 23 million compared to 2021 and a historic result in the first half for the bank-insurer, congratulated Friday during a press conference the CEO of the bank-insurer, Marc Raisière.

the total revenue reached 1.309 billion euros, up 6.2%. Insurance and non-life were stable at 266 million euros. The bank’s net income increased by 1.4% to 808 million euros and those from bank commission by 4.6% to 377 million.

The bank contributed 320.9 million euros to net profit, an increase of 31 million compared to the first half of 2021. Despite the impact of last February’s storms, which caused more than half a billion in damage, Belfius Insurance achieved a result of 107.6 million euros, slightly down on the first six months of the year. last year (116 million).

“Despite the difficult context, made up of macroeconomic and geopolitical uncertainty, inflation and volatility, Belfius had a remarkable semester thanks to the rigor and discipline of all of its sectors of activity”, praised Marc Raisière.

Regarding the next few months, the CEO expects a certain slowdown in the economy and shows himself “cautious but serene“. “We want to continue to grow, to gain market share in the different segments, but in a healthy way. Achieving a record annual result is not our priority,” he said.

Total revenue reached 1.309 billion euros, up 6.2%. Insurance and non-life were stable at 266 million euros. The bank’s net income increased by 1.4% to 808 million euros and those from bank commission by 4.6% to 377 million. The bank contributed 320.9 million euros to net profit, an increase of 31 million compared to the first half of 2021. Despite the impact of the storms last February, which had caused more than half a billion damage, Belfius Insurance achieved a result of 107.6 million euros, slightly down on the first six months of last year (116 million). “Despite the difficult context, made up of macroeconomic and geopolitical uncertainty, inflation and volatility, Belfius achieved a remarkable semester thanks to the rigor and discipline of all its business sectors”, praised Marc Raisière. . Regarding the next few months, the CEO expects a certain slowdown in the economy and is “cautious but calm”. “We want to continue to grow, to gain market share in the various segments, but in a healthy way. Achieving a record annual result is not our priority,” he said.

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