• Business income higher
  • Luxembourg Retail & Corporate Banking saw a 2.7% rise in average loans outstanding and an 8.3% increase in average deposit volume
  • Good business performance by Wealth Management in first half 2013
  • Strategic international Leasing activities have kept to develop favourably

• Operating expenses firmly under control
  • Operating expenses down 6%, excluding the impact of the consolidation method change

• Consolidated net profit up sharply
  • Consolidated net profit excluding minority interests reached EUR 211.1 million compared with EUR 109.2 million in first half 2012

• High Solvency
  • Own funds of EUR 5.9 billion
  • Substantial 24% solvency ratio (under Basel II), well above the regulatory minimum

• An innovative, responsible and committed bank
  • Branch modernisation programme continues based on an innovative customer-centric model
  • Continuation of the business incubator platform “lux future lab” launched in 2012
  • Responsible support for customers in a fast-changing environment

To read the full results, please click on the document below.