General Members News

Chronicle.lu: BIL Reports Net Income of €202m for 2023

During its General Assembly on Wednesday 24 April 2024, Banque Internationale à Luxembourg (BIL) shareholders approved the bank’s 2023 financial results.

Click here to read the full article: https://chronicle.lu/ bil-reports-net-income-of-eur202m-for-2023

BIL Group reported a net income after tax of €202 million in 2023, driven by “solid” revenue growth, partly offset by an increase in expenses and cost of risk. This represents an increase of 32% over one year (2022 net income after tax: €153 million). The bank attributed this financial performance to its “business resilience” and “a solid risk management culture”.

AMCHAM
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