BINCKBANK
BINCKBANK
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Type: Stocks
Ticker: BINCK
ISIN: NL0000335578

BinckBank N.V. :trading update third quarter 2016

  • 141
  • Adjusted net earnings per share in 16Q3 at € 0.11 unchanged versus 16Q2
  • Net interest income in 16Q3 rose by 18% driven by investments in Dutch residential mortgages (16Q3€ 404.9 million)
  • 2016 Share buyback program (€ 25 million) completed in 16Q3
    • Investing: Introduction of new discretionary asset management service Investing for You in Belgium in 16Q4
    • Saving: Partnership with SafeNed in preparation of the introduction of the savings broker product in The Netherlands. Pilot with selected Dutch clients to commence in 16Q4
  • It has been decided on 15 October 2016 to abolish the Belgium speculation tax



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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: BinckBank N.V. via Globenewswire

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