De Lage Landen has had a good year. The Eindhoven bank has seen significant increase in profits, as evidenced by annual figures.
DLL posted a profit of 525 million euros over 2015, which is more than fifteen percent than the year before. All divisions saw growth, partly due to the favorable exchange rate between the euro and the dollar.
According to the bank the good figures are owed to limiting costs and risks. The bank has also entered new and successful business agreements in various sectors.
Source: Studio040
Translation: Maryanne Staal
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