NIBC Commercial Real Estate delivered a strong performance in 2022
News Release - 9 Mar 2023, 13:00 CET
Despite the economic uncertainty, including inflation, increasing interest rates, and disruptions in the supply chain, our commercial real estate portfolio grew with 16%.
The growth of NIBC’s core activities, particularly within the Asset-Backed Finance segment, is a result of the Bank’s focused strategy, with loan exposures increasing by 25% across all core asset classes. This result demonstrate that NIBC's emphasis on asset-based financing is a strong basis for future growth, reinforced by our robust capital position with a CET I ratio of 17.8%. This places us in an good position to provide financing for the development, construction and investment projects of our clients in the commercial real estate industry.
Jan Willem van Roggen, Managing Director Commercial Real Estate: "Despite of the somewhat challenging economic conditions, NIBC will remain a focused commercial real estate lender, dedicated to our clients' success."