NET INCOME, GROUP SHARE, OF 1,252 MILLION EUROS, GROSS OPERATING INCOME UP 3 % COMPARED TO THE 1ST QUARTER 2000
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- Operating performance was better than in the first quarter 2000, a quarter which benefited from an exceptional combination of positive factors:
. Gross operating income: 1,730 million euros (+ 3.0 %)
. Operating income (after provisions): 1,506 million euros (+ 0.7 %)
. Net income, group share: 1,252 million euros, slightly down (-7.1%) due to a lesser contribution by the non operating items.
- The businesses directly affected by the equity markets (Corporate and Investment Banking, Private Banking, Asset Management, Insurance and Securities) are holding up well despite the economic slowdown and declining equity markets in the first quarter.
- Retail Banking's business is still rising and revenues continue to grow.
Download the press release (unavailable link) (Acrobat document - 377Ko)
- Operating performance was better than in the first quarter 2000, a quarter which benefited from an exceptional combination of positive factors:
. Gross operating income: 1,730 million euros (+ 3.0 %)
. Operating income (after provisions): 1,506 million euros (+ 0.7 %)
. Net income, group share: 1,252 million euros, slightly down (-7.1%) due to a lesser contribution by the non operating items.
- The businesses directly affected by the equity markets (Corporate and Investment Banking, Private Banking, Asset Management, Insurance and Securities) are holding up well despite the economic slowdown and declining equity markets in the first quarter.
- Retail Banking's business is still rising and revenues continue to grow.