Argenta posts strong first half year 2021 figures

26 August 2021

Argenta posts, for the first half of 2021, a consolidated net profit at group level of 143 million euros, as against 94 million euros for the first six months of 20201.

'We are very satisfied with this first half. This attractive result reflects strong commercial performance, the strategic diversification of income sources, favourable developments in the financial markets and exceptional revenue items. Argenta's solvency and liquidity remain very robust. The recent floods will impact the second half-year results of both the bank and the insurer, but Argenta is keen to play its part here', says Argenta CEO Marc Lauwers.

For the full press release, we refer to the file below:

(1) In accordance with IFRS accounting standards and adjusted for IFRIC21 (even distribution of bank levies).