Argenta and Degroof Petercam Asset Management set up joint venture Arvestar

Argenta and Degroof Petercam Asset Management set up joint venture ARVESTAR Argenta and Degroof Petercam Asset Management (DPAM) continue their collaboration through the establishment of the management company Arvestar Asset Management (Arvestar). Arvestar’s share capital is held by Argenta Asset Management and DPAM to the tune of 74.99% and 25.01% respectively. Argenta has entrusted the management of its pension saving funds to DPAM since 1999. These funds are very successful, both commercially and in terms of performance. This is demonstrated by their collective assets under management, which amounted to EUR 1.611 billion as at 31 October 2018. Currently, 182,494 Argenta clients are building up their complementary pension capital through these pension saving funds.
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Argenta 1H 2018 Results conference call

On Wednesday 29 August 2018, Argenta Spaarbank will publish its half year Results 2018. We kindly invite you to join the investor and analyst call at 11:00 (CEST) on the same day. During the call, Mr. Geert Ameloot (CFO) and Mr. Chris Lambrechts (director Financial Management) will give a brief introduction to the half year results 2018. The introduction will be followed by a questions-and-answers session. 
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Argenta continues to build its customer-driven future

Today, the Executive Committee of Argenta Bank- en Verzekeringsgroep nv presented the group’s annual results. In 2017, Argenta strengthened its foundations so as to be able to serve its customers even better, and increasingly in digitally mode. Despite the low interest rate environment, rising costs and investments, Argenta does not pass these costs on to its customers, but opts resolutely for long-term growth.
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Successful securitization by Argenta Spaarbank – Green Apple 2017-I-NHG

Over the past ten years, Argenta has grown strongly thanks to and for its customers. Thanks to its customers because they have entrusted their savings to us more than ever and in difficult market conditions. And for its customers because Argenta has invested these savings increasingly in home loans for them. In this way, since 2009, home loan outstandings have grown by an average 8% a year, from 15 to more than 25 billion euros. With demand for home loans currently outstripping the growth in savings, Argenta Spaarbank has issued a securitization transaction, the Green Apple 2017-I-NHG.
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S&P confirms the A-/A-2 rating of Argenta Spaarbank and upgrades the outlook to positive

The American Rating Agency Standard & Poor’s (S&P) confirms the rating of Argenta Spaarbank of A-/A-2 and upgrades the outlook from stable to positive. S&P regularly assesses financial institutions based on their ability to meet their obligations in the short and long term. The rating is based on criteria such as solvency, liquidity, business position, risk profile and creditworthiness.
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Healthy financial performance 1H 2017 with pressure on banking net interest income partially compensated by strong performance in the Insurance business

Argenta continues its strategy of supporting families and households in maintaining financially healthy lives resulting in unique client loyalty and a strong brand. At group level the net profit for the first half of 2017 reached 109 million euros, compared to 119 million euros in the first half-year of 2016. Client funds under management (banking and insurance combined) grew by 3 % to 43.6 billion euros.
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Geert Van Hove appointed new CIO of Argenta

The Board of Directors of Argenta has appointed Geert Van Hove as a director and as a member of the Executive Committees of Argenta Spaarbank and Argenta Assuranties, subject to approval by the regulator. As Chief Information & Digital Officer, he will be responsible for the group’s IT infrastructure, architecture and applications, as well as their functioning and security. This mission includes creating a unifying digital vision for the Group and coordinating all digital activities. He initiates the appropriate level of digital technological synergies, coordinates investments and drive the development of digital skills and innovation.
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Argenta continues to build its future with rock-solid 2016 earnings and a new Executive Committee

2016 was another successful year for Argenta Bank en Verzekeringsgroep (hereafter “Argenta”). In 2016, Argenta celebrated its 60th birthday, continuing, with ever-increasing vigour as it has for the past 60 years, its mission of assisting families and individuals to live financially healthy lives. In so doing, Argenta remains true to its strong cultural values of openness to the future, simplicity, approachability, pragmatism and independence. Argenta’s strategy remains focused on building long-term relationships with its customers. Central to this are customer satisfaction, physical proximity, personal advice, and providing quality banking and insurance products and services for individuals and families in Belgium and the Netherlands.
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