After posting a €1.2bn profits for 2012, BRE Bank announced its shareholders will be getting a piece of the profit. The board plans to pay 33 percent of last year’s earnings in dividends. BRE Bank hasn’t paid a dividend since 2008. Its net profits attributable to shareholders slipped last year to €272.58m from €284.83m in 2011.
The bank brought in €4.09bn in interest income at last year, up from €3.48bn posted in 2011. Fee income for 2012 stood at €1.07bn, compared with €995m in 2011. Net trading income increased slightly to €344m, from €337.8m in 2011. Meanwhile, operating profit came in at €1.46bn last year, up from €1.34bn posted in 2011.
