Company Profile For Binckbank NV

BinckBank N.V., formerly Binck N.V., is a Netherlands-based online bank for investors. The Company offers access to all financial markets around the world, online advice and asset management services, online savings, insourcing of administrative processing of securities and cash transactions and extensive market information. Its operations are divided into two divisions: Retail and Professional Services. The Retail business unit provides services for independent private investors under the brand names of Binck and Alex, via a Website, the functions of which include real-time streaming processes, news, order book depth, research, advice and analysis. The Professional Services business unit offers services to professional clients, such as asset managers and banks, including an online product, handling the processing of securities and cash transactions and the securities-related administration process. BinckBank N.V. has offices in the Netherlands and Belgium.

BRIEF: For the nine months ended 30 September 2009, BinckBank N.V.'s interest income decreased 27% to EUR52.3M. Net interest income after loan loss provisions decreased 3% to EUR29.6M. Net income from continuing operations increased 45% to EUR33.1M. Net interest income reflects decreased lending activity. Net income from continuing operations benefited from a positive result on investments.