BinckBank posts €20.6bn AUM in 2015
Amsterdam headquartered online investment bank BinckBank has reported assets under management of €20.6bn at end 2015, up 11% yoy.
The company’s net income has amounted to €55.5m with a dividend of €0.25 per share. It rose by 32% compared to 2014.
Some 9.3 million transactions have been recorded on BinckBank’s platform in 2015 against 8.6 million the previous year.
Alex Asset Management, the asset management arm of BinckBank, has faced a slight drop of its AUM to €1.7bn from €2bn.
Vincent Germyns, CEO of BinckBank, said 2015 was a year of transition that will lead to a further growth phase of the company. The service offering is to be strengthened soon.
BinckBank provides a wide range of financial products on its platform including investment funds, trackers, equities and derivatives.