Belfius odd one out as Belgian sales volumes drop in first half of 2017
Issuance and sales of structured products in Belgium in the first half of 2017 decreased by 8% and 26%, respectively, compared to the same period in 2016, according to SRP data. The 157 products, from 14 different distributors, that were issued between January 1 and June 30, 2017, collected combined sales of €2.2bn, down from 170 products worth €3bn launched in the first semester of 2016. With the exception of Belfius, which reported a 14% increase in sales, last year's top four providers each reported a drop in volumes in 1H 2017.
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