NIBC Bank posts net profit of EUR 14 million for Q1 2009

The Hague, 19 May 2009

NIBC Bank profitable in the first quarter of 2009 in a difficult business climate
Strong capitalisation with Tier-1 ratio of 15.9%, core Tier-1 ratio of 13.1% and BIS ratio of 17.8%
Sound liquidity position with further improved diversity of funding; interest results temporarily depressed due to high liquidity buffer
Continued focus on efficiency and managing operating expenses

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