Achmea Hypotheekbank focuses on value

Achmea Hypotheekbank achieved a net profit of EUR 39.6 million in the first half of 2010, which is a significant improvement on the preceding year (first six months of 2009: EUR 30.3 million).

As the interest margin decreased, the growth of the net profit can be explained by positive fair value results.The pre-tax profit was up from EUR 40.7 million to EUR 53.1 million.