Page 12 - ARUBA BANK

18 ADVERTENTIE ARUBA Antilliaans Dagblad Maandag 18 februari 2019

Aruba Bank shows continuous growth in market share in 2018
The pioneer bank maintains position of largest commercial bank in Aruba.

Aruba Bank started out on a good path in 2018! A continued leadership position, a brand with remarkable market
presence, an innovative spirit, engaged employees dedicated to delivering a superior experience, set the tune for
another record year for Aruba Bank.

A year marked by an increased focus on the customer and the strengthening of their experience along their journey
with Aruba Bank to ensure a continued Superior Experience.

We hereby express our sincere gratitude for the unwavering support and trust from all our stakeholders, customers
and employees who have made us the pioneer bank on the island, with a total market share of 44%.

Summary of consolidated statement of financial position as at December 31, 2018

Assets 2018 2017
Cash resources 519.242 440.081

Investment securities 227.982 221.821
Loans and advances to customers 1.426.396 1.307.050
Premises and equipment 58.435 62.110

Other assets 36.676 32.052
Total Assets 2.266.731 2.063.114

Shar
Shareholder’s equity and liabilitieseholder’s equity and liabilitieseholder’s equity and liabilities
Shar 2018 2017
2018
2018
2017
2017
281.527
Shareholder
Shareholder’s equity’s equity’s equity 320.976 281.527
281.527
320.976
320.976
Shareholder
Due to other banks
Due to other banks 5.549 8.322
8.322
Due to other banks
5.549
8.322
5.549
1.732.942
1.895.304
1.895.304
1.732.942
Deposits from customers 1.895.304 1.732.942
Deposits from customers
Deposits from customers
44.902
44.902
Other liabilities
Other liabilities 44.902 40.323
40.323
40.323
Other liabilities
Total shareholder’s equity and liabilitiesotal shareholder’s equity and liabilitiesotal shareholder’s equity and liabilities 2.266.731 2.063.114
T T
2.266.731
2.266.731
2.063.114
2.063.114
Summary of consolidated statement of income 2018
2018 2017
Result from banking activities 118.037 113.693
Other operating income 3.414 2.847
Operating income 121.451 116.540
Personnel, general and administrative expenses (57.678) (53.990)
Depreciation (9.160) (9.136)
Operating expenses (66.838) (63.126)
(3.196) 1.940
Net operating income 51.417 55.354
(9.882) (12.518)
Net income 41.535 42.836
For additional information please visit us at:
https://www.arubabank.com/aboutus/annual-report.