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Net profit came in at EUR 4.0 billion on continued strong commercial activity in banking and insurance. Total banking income went up 10%, supported by strong underlying growth in lending, deposits and funds under management. Gross inflow at Life and Non-Life advanced 9% on increases in all major revenue lines |
Total income 7% |
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Fortis was not immune to the impact of the turmoil in global credit markets, but we demonstrated our strength and resilience. Our strong balance sheet, robust recurrent earnings and sustained client activity have proved a diversified mix, confirming the validity of our business model and strategic direction |
Confidence |
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Acquisition of ABN AMRO by a consortium of Fortis, Royal Bank of Scotland and Banco Santander. Our shareholders overwhelmingly supported the bid and subscribed to a rights issue of EUR 13.4 billion, one of the largest ever in Europe. This deal makes us a European leader in financial services set for sustained international growth |
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sustainable financial services brands, delivering specialised innovative
and pragmatic customer solutions
- Bank of the Year in Western Europe
- Best at Investor Services in Western Europe
- Hedge Fund Administrator of the Year
- Best broker satisfaction award in Belgium
- Best customer satisfaction award for group life in the Netherlands
- General Insurer of the Year in the UK
- Best European internal employee newspaper
- Best employer in both Belgium and the Netherlands
