A state-owned bank gets better results than before given high inflation and rising interest rates?
Not sure what that has to do with rich people.
Don’t need to be rich to buy some bonds though. Or even better, go hang out in r/befire and use the same tactics for your own benefit. After a decade I can confidently say it works.
Zuigen en slikken, gij!
BNP also published extremly good results last week.
>The rich become richer while we suffer.
Why are you suprised?
Banks no longer pay a penalty due to the increased interest rate if I am not mistaken. Where as before when it was negative they did.
People with money and knowing how to use it never let a good crisis go to waste not any different today as it was 100 years ago.
Maybe keep the suffering for the Ukranians.
In Belgium its not that bad compared to most of the world..
> Belgium
> a vaguely leftist point
Good luck buddy. You gonna need it.
Belfius is **literally** 100% owned by the state thus by all of us. There really are better examples out there to give if you want to make such a point.
Belfius is fully state-owned. They pay their dividend to the Belgian state, [€368.5 million](https://trends.knack.be/economie/bedrijven/belfius-pakt-uit-met-recordwinst-en-dividend/article-longread-1838911.html) this year. When the bank was nationalized in 2011, their shareholders basically lost everything and the state got the bank for almost free. According to the same article above, meanwhile Belfius has already paid €1.7 billion in dividends to the Belgian state. Pure profit for the state. Moreover, if the state would sell (parts of) the bank it would again make a lot of money.
None of this money is flowing to “the rich people”, it’s all flowing to all of us. That €1.7 billion has been put into the same pot from which pensions, unemployment benefits, streets, “federal energy premiums”, and government worker salaries are paid.
You literally picked the worst example. Next time, post an article about the record profits of oil companies.
The benefits are up by 23 million euro to a total of 428,5 million euro.
That’s a gain of 5,36%.
Now over the same period (mid 2021 to mid 2022), the salaries in the banking industry went up by :
* 0,35% on 01/07/2021
* 0,88% on 01/11/2021
* 1,30% on 01/01/2022
* 2,35% on 01/03/2022
* 1,68% on 01/05/2022
For a total of 6,72% …
So salary of a Belfius employee went up more than the benefits of Belfius themselves. (Not even mentioning that Belfius is 100% state owned so those benefits literally go to paying all services of the state)
ffkes terzijde, als belfius app user haat ik die background van die madam.
Voel me niet aangesproken at all, no racism of sexism, just weirds me out
12 comments
Why does this point to a duality?
A state-owned bank gets better results than before given high inflation and rising interest rates?
Not sure what that has to do with rich people.
Don’t need to be rich to buy some bonds though. Or even better, go hang out in r/befire and use the same tactics for your own benefit. After a decade I can confidently say it works.
Zuigen en slikken, gij!
BNP also published extremly good results last week.
>The rich become richer while we suffer.
Why are you suprised?
Banks no longer pay a penalty due to the increased interest rate if I am not mistaken. Where as before when it was negative they did.
People with money and knowing how to use it never let a good crisis go to waste not any different today as it was 100 years ago.
Maybe keep the suffering for the Ukranians.
In Belgium its not that bad compared to most of the world..
> Belgium
> a vaguely leftist point
Good luck buddy. You gonna need it.
Belfius is **literally** 100% owned by the state thus by all of us. There really are better examples out there to give if you want to make such a point.
Belfius is fully state-owned. They pay their dividend to the Belgian state, [€368.5 million](https://trends.knack.be/economie/bedrijven/belfius-pakt-uit-met-recordwinst-en-dividend/article-longread-1838911.html) this year. When the bank was nationalized in 2011, their shareholders basically lost everything and the state got the bank for almost free. According to the same article above, meanwhile Belfius has already paid €1.7 billion in dividends to the Belgian state. Pure profit for the state. Moreover, if the state would sell (parts of) the bank it would again make a lot of money.
None of this money is flowing to “the rich people”, it’s all flowing to all of us. That €1.7 billion has been put into the same pot from which pensions, unemployment benefits, streets, “federal energy premiums”, and government worker salaries are paid.
You literally picked the worst example. Next time, post an article about the record profits of oil companies.
The benefits are up by 23 million euro to a total of 428,5 million euro.
That’s a gain of 5,36%.
Now over the same period (mid 2021 to mid 2022), the salaries in the banking industry went up by :
* 0,35% on 01/07/2021
* 0,88% on 01/11/2021
* 1,30% on 01/01/2022
* 2,35% on 01/03/2022
* 1,68% on 01/05/2022
For a total of 6,72% …
So salary of a Belfius employee went up more than the benefits of Belfius themselves. (Not even mentioning that Belfius is 100% state owned so those benefits literally go to paying all services of the state)
ffkes terzijde, als belfius app user haat ik die background van die madam.
Voel me niet aangesproken at all, no racism of sexism, just weirds me out