Today Achmea Hypotheekbank published its annual results over the year 2008.
For the year ended 31 December 2008, Achmea Hypotheekbank achieved a profit before tax of EUR 38 million, with a profit on operating activities of EUR 48 million. This represents an improvement compared with 2007, when the profit on operating activities was EUR 7 million. In the attachment you will find the full version of the press release.
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| PressRelease Hypotheek Bank Annual report 2008.pdf | 17.8 KB |
Achmea Hypotheekbank is a subsidiary of Achmea that offers residential mortgage loans in The Netherlands. Achmea Hypotheekbank funds itself in the capital market through the EUR 10 billion Covered Bond Programme and EUR 10 billion Secured Debt Programme.