NN Bank has published its 2017 Annual
Report. The report provides extensive information on the bank, its strategy,
business, financial performance and governance.
NN Bank’s annual report is available for download at www.nn.nl/Over-NationaleNederlanden/Wie-zijn-wij/Jaarverslagen.htm.
Nationale-Nederlanden Bank N.V. (NN Bank) offers retail banking services - savings, bank annuities, retail investments, mortgages and consumer loans - to approximately one million customers as well as mortgages servicing activities to NN Group companies and third parties, primarily in the Netherlands. NN Bank operates under the brands NN, Nationale-Nederlanden, Delta Lloyd Bank and OHRA Bank. NN Bank is a subsidiary of NN Group, an international financial services company, active in 18 countries, with a strong presence in a number of European countries and Japan. NN Group is listed on Euronext Amsterdam (NN).
NN Bank’s Consolidated Annual Accounts are prepared inaccordance with International Financial Reporting Standards as adopted by theEuropean Union (“IFRS-EU”) and with Part 9 of Book 2 of the Dutch Civil Code.
Certain of thestatements contained herein are not historical facts, including, withoutlimitation, certain statements made of future expectations and otherforward-looking statements that are based on management’s current views andassumptions and involve known and unknown risks and uncertainties that couldcause actual results, performance or events to differ materially from thoseexpressed or implied in such statements. Actual results, performance or eventsmay differ materially from those in such statements due to, without limitation:(1) changes in general economic conditions, in particular economic conditionsin NN Bank’s core markets, (2) changes in performance of financial markets,including developing markets, (3) consequences of a potential (partial) break-upof the euro or European Union countries leaving the European Union , (4)changes in the availability of, and costs associated with, sources of liquidityas well as conditions in the credit and capital markets generally, (5) changesaffecting interest rate levels, (6) changes affecting currency exchange rates,(7) changes in investor and customer behaviour, (8) changes in generalcompetitive factors, (9) changes in laws and regulations and the interpretationand application thereof, (10) changes in the policies and actions ofgovernments and/or regulatory authorities, (11) conclusions with regard toaccounting assumptions and methodologies, (12) changes in ownership that couldaffect the future availability to NN Bank of net operating loss, net capital and built-in loss carry forwards,(13) changes in credit and financial strength ratings, (14) NN Bank’s abilityto achieve its strategy, including projected operational synergies, 15) operational risks, such as systemdisruptions or failures, breaches of security, cyber-attacks, human error, orinadequate controls including in respect of third parties with which we dobusiness, (16) the inability to retain key personnel, (17)catastrophes and terrorist-related events, (18) adverse developments in legaland other proceedings and (19) the other risks and uncertainties contained inrecent public disclosures made by NN Bank.
Any forward-looking statements made by or on behalf of NN Bank speakonly as of the date they are made, and, NN Bank assumes no obligation topublicly update or revise any forward-looking statements, whether as a resultof new information or for any other reason.
This document does not constitute an offer to sell, or a solicitationof an offer to purchase, any securities.