ASN Bank books record profit in 2010

ASN Bank booked record profit of €43.1m in 2010, putting the economic crisis far behind it.

The increase in net profit is largely due to higher interest rate margins and growth in assets under management. The bank’s client base rose 10% last year to 517,000.
ASN is part of financial services group SNS Reaal, which posted an overall loss last year.

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