Triodos Bank’s Executive Board provides a perspective on the wider world it operates in, its impact and activity in 2017 and its prospects for the future.
Triodos Bank Divisions and Results
Triodos Bank’s activity is split between two core divisions, Triodos Bank’s retail and business banking and Triodos Investment Management. The following chapter provides an overview of our work in 2017 in each, including a short description of their work, key sub-sectors and how they performed during the year, as well as prospects for the future:
- Retail and Business Banking, including Private Banking, which was responsible proportionately for 86% of Triodos Bank’s net profit in 2017
- Triodos Investment Management and Investment Advisory Services, which makes up 14% of Triodos Bank’s overall net profit.
Products and services are offered to investors and savers enabling Triodos Bank to finance new and existing companies that contribute to the improvement of the environment, or create social or cultural added value. Details of these products and services follow below.
It is noteworthy that the privacy of client data is of increasing importance to both our stakeholders and Triodos Bank and was the subject of more detailed dialogue during the year. During 2017 we continued to exchange views with XS4all and Bits for Freedom to explore potential routes to further safeguard the privacy of our customers. We expect to develop this work further during 2018.