BIL posts lower revenue and profits for 2024
2 Articles
2 Articles
The BIL's profit is slightly reduced
Luxembourg's oldest bank, Banque Internationale à Luxembourg, presented its balance sheet for the year 2024 on Thursday. The net result therefore fell from EUR 202 million in the previous year to EUR 170 million in the last year. "The economic situation continued to be volatile in 2024. Geopolitical tensions, together with fluctuating energy prices, created an unpredictable environment around the globe," the BIL explains. In June 2024, the Europ…
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