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Sep 9, 2024 2:10 AM

2024 Interim Report: Rise in net profit and growth in loan portfolio

With a net profit of EUR 158 million, BNG has had a very good first half of 2024. Net profit was EUR 17 million higher than in the same period last year.

Net profit EUR 158 million

Interest income EUR 258 million

Long-term loan portfolio EUR 91.4 billion, net increase of EUR 2.2 billion

New long-term lending EUR 6.0 billion

EUR 12.3 billion in long-term funding, of which EUR 5.7 billion in ESG format

DEN HAAG, Netherlands, Sept. 9, 2024 /PRNewswire/ -- Olivier Labe, acting CEO and CFO of BNG: 'We showed some good results for the first half of the year. Our net profit increased and the bank is in a very liquid position. Despite a moderate recovery in economic growth, we saw a strong increase in demand for loans from social housing associations and municipalities in the second quarter of this year in particular. As a result, we issued EUR 6 billion ...