In 2019 Argenta once again posted a strong financial performance, with attractive growth in all segments, a net profit of EUR 174.1 million, a return on equity of 6.5%, a cost/income ratio of 64.1% and excellent capital ratios and liquidity buffers despite the challenging low interest rate environment.

On Thursday 26 March 2020, Argenta Spaarbank will publish its full year results 2019. We kindly invite you to join the investor and analyst call at 10:00 (CET) on the next day Friday 27 March 2020.

As part of its European medium term note (EMTN) program, Argenta has issued today a senior non-preferred bond for professional investors. A total of € 500 million was placed with investors from the Benelux, France, the United Kingdom, Germany, Austria, Switzerland and Scandinavia. The issue has a maturity of 7 years and a coupon of 1 % at an issue price of 99.53 %, which yields a return of 1.07% for investors.