DLL recorded a net profit of €525 million ($582 million) for full year 2015, representing an increase of 15.6% in performance compared to 2014.

“This step forward is the result of our relentless focus on the customer and dedicated efforts in new business development across our industries,” said Bill Stephenson, CEO and chairman of the executive board at DLL.

Frans Overdijk, CFRO and member of the executive board added, “Operational cost control and strong, thoughtful risk management also contributed to our excellent 2015 results. Our efforts in these two areas helped significantly lower our risk costs.”

In 2015, DLL experienced strong growth across all business lines and geographies and benefitted from currency effects. The result was an 8.5% year-over-year increase of the company’s managed portfolio, which now totals €37.5 billion ($40.8 billion).

“2015 was a remarkable year in many ways,” said Stephenson. “Not in the least because we were the first financial institution to be recognized by the Young Global Leaders of the World Economic Forum for providing financial backing to enable the circular economy to become mainstream. This recognition shows that the financial industry can play an integral role in creating a more sustainable world and economy. I am extremely proud of these achievements and every single DLL employee who has contributed to our success. Looking forward, we will remain committed to building new, sustainable, financial solutions – leveraging digital technology to continually improve the customer experience.”