The National Bank of Belgium expects a loss of 3.7 billion in 2024

The BNB services made this estimate after receiving from the European Central Bank (ECB) the provisional figures relating to the pooling and allocation of the Eurosystem’s monetary income for the financial year 2024. These calculations will be refined and verified over the next few weeks.

The BNB indicates that this loss is in line with the long-term forecasts communicated previously. It remains mainly attributable to the negative impact on results that monetary tightening continues to have, in particular the significant increases in key rates made by the ECB in 2022 and 2023, analyzes the National Bank.