Despite the low interest rates, income in Belgium rose by 4.3 percent to more than 8.4 billion euros. The bank extended loans, investment products performed well and deposits also increased. Subsidiaries such as Arval and Alpha Crédit reportedly also performed excellently. At the same time, costs fell in Belgium, partly because offices disappeared and the workforce shrank. And risk costs, such as provisions for problem loans after corona, fell.
BNP Paribas Fortis proposes a dividend of EUR 4.58 per share, intended for parent group BNP Paribas.