Half-yearly figures BNG 2026: Greater impact through strong growth in public investment

THE HAGUE, Netherlands, Sept. 7, 2026 /PRNewswire/ -- BNG has realised a net profit of EUR 101 million in the first half of 2026. Demand for financing increased significantly and BNG provided EUR 7.3 billion in new long-term lending, well above the EUR 5.3 billion recorded in the same period of 2025. The Bank also made important progress in implementing its Route to More Added Value strategy, including the successful launch of its green loan for housing associations. Through these efforts, BNG is once again making an essential contribution to addressing public investment challenges in a period of geopolitical tensions, economic uncertainty and volatile financial markets. The net interest income showed healthy growth. Nevertheless, profit declined as a result of a substantial negative result on financial transactions. The capital and liquidity position of the bank has remained strong.

• EUR 7.3 billion has been provided in new long-term loans, EUR 2 billion more than in the same period of 2025.
• Net profit of EUR 101 million, down EUR 41 million compared with the same period of 2025 due to the result on financial transactions (hedge accounting).
• Successful launch of a green loan for housing associations, providing additional support for sustainable investments.
• EUR 8.6 billion of funding raised, including EUR 4.0 billion in ESG bonds.
• Further implementation of the Route to More Added Value strategy through a simpler organisational model, increased digitalisation of processes, modernised IT and continued strong capital and liquidity ratios.

'Despite increasing global uncertainty, we see that our clients are continuing to invest in the major social challenges facing the Netherlands. Social housing associations are building affordable and sustainable homes, municipalities are continuing their investment agenda and the energy transition continues to require substantial investment from all of our public-sector clients. This is reflected in strong demand for affordable financing and results in growth in our lending, the clearest measure of our social impact', says CEO Philippine Risch. 'We are also taking the next step with our strategy 'Route to More Added Value'. We continue not only to be a reliable financier, but also to provide increasingly strong support to our clients as a knowledge partner and to engage at a much earlier stage in addressing societal challenges. With our new green loan for housing associations, affordability and sustainable outcomes are more closely aligned than ever.'

Financial results the first half of 2026

Net profit came to EUR 101 million (first half of 2025: EUR 142 million). Net profit was mainly driven by the net interest result of EUR 262 million (first half of 2025: EUR 246 million). The growth of the loan portfolio and increased interest rates have had a positive effect on earnings.

Commission result amounted to EUR 11 million (first half of 2025: EUR 12 million). The result for financial transactions deteriorated from EUR 3 million negative to EUR 56 million negative, mainly due to hedge accounting effects. The lower contribution from financial transactions largely explains the decline in net profit compared to a year earlier.

The result from impairments on financial assets was positive at EUR 8 million positive (first half of 2025: EUR 7 million positive). This was partly due to a further improvement in credit risk profiles and a decrease in provisions for expected credit losses.

Total assets increased by EUR 10.1 billion to EUR 125.7 billion. The nominal value of our long-term loan portfolio grew by EUR 1.6 billion to EUR 97.3 billion, a new record level. In the first six months of the year, BNG provided EUR 7.3 billion in new long-term loans, considerably more than EUR 5.3 billion in the same period of 2025. Growth was mainly driven by the demand for financing from social housing associations.

Total operating expenses increased by EUR 13 million to EUR 88 million. This was mainly caused by investments in strategic IT investments and operational improvement initiatives.

Despite the lower profit reported for the first half of 2026, the underlying performance remained strong, supported by growth in the loan portfolio, higher net interest income and a further improvement in credit quality. Consequently, BNG maintains a solid financial position.

Strong financial foundations for public investment

BNG attracted EUR 8.6 billion in long-term funding in the first half of 2026. Thanks to its continued good access to the international capital market, the bank was able to successfully implement its funding programme and strengthen its strong liquidity position further.

Liquidity and capital ratios remain well above regulatory requirements. The Liquidity Coverage Ratio (LCR) stood at 221% and the Net Stable Funding Ratio (NSFR) at 145%. The Common Equity Tier 1 ratio stayed at 42% and the leverage ratio was 12%.

From strategy to implementation

BNG took important steps in implementing the strategy 'Route to More Added Value' in the first half of 2026. The bank created a simpler and flatter organisational model, with clear responsibilities, more cooperation in customer-oriented value chains and more efficient processes.

In addition, an important step was taken in the further digitisation of the organisation. Investments in technology, data and digital resilience are strengthening BNG's capabilities and supporting a future-proof service to clients.

The strategy has also been translated into tangible initiatives for clients. For example, BNG introduced a green loan for social housing associations, whereby clients can receive a green bonus if they demonstrably achieve a sustainable impact. This way BNG is stimulating sustainable investments by social housing associations and contributing to their financing.

Looking ahead

For the second half of 2026, BNG expects geopolitical and economic uncertainties to continue and financial markets to remain volatile. At the same time, demand for financing from clients is expected to remain strong, while BNG continues to benefit from a robust funding position, a strong balance sheet and ample liquidity buffers.

Risch: 'Especially in times of uncertainty, our role is to provide stability and confidence and to ensure that essential investments can continue. With our strong market position, solid financial foundation and clear strategic mission, we continue to invest in our organisation and remain there for our clients at all times through our expertise and financing solutions. We are committed to helping them deliver on their societal objectives. Together, we are creating greater social and environmental value for the Netherlands.'

Read the full interim report at bngbank.nl.

For press inquiries, please contact:
Frederike Versloot, press officer BNG
Email: [email protected]
Phone: +31 (0)6 83 64 35 79

SOURCE BNG Bank