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RSS FeedsNIBC reports strong performance in FY 2019
(WorldNews Netherlands)

 
 

26 february 2020 10:44:44

 
NIBC reports strong performance in FY 2019
(WorldNews Netherlands)
 


Business highlights: Mortgage loan origination up in 2019 to EUR 3.7 billion (FY 2018: EUR 3.4 billion), resulting in a market share of 4.1%. The on-balance portfolio grew by nearly 6% to EUR 9.8 billion, while the originate-to-manage (OTM) portfolio grew by EUR 1.9 billion, an increase of 79% following the increased mandate with multiple institutional insurers to EUR 6.5 billion at year end; Continuous rebalancing of our corporate lending portfolios to further de-risk our exposures have led to deliberate reductions in Leveraged Finance, Energy and Shipping and are being offset by growth in Commercial Real Estate, Receivables Finance and Digital Infrastructure, resulting in a stable...


 
27 viewsCategory: General > Europe > Netherlands
 
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(WorldNews Netherlands)
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