REPORT OF THE EXECUTIVE BOARD
refinancing purposes. Most of the funding came from
private loans, with part of the funding being arranged via
FGH's parent company, AEGON, and part directly by
FGH BANK.
Organization and Personnel
In 1993, no significant changes were made to the
company's organizational stmcture.
The Executive Board acknowledges the dedication and
effort shown by the company's staff during the year
under review and expresses its appreciation of the
constructive role played by the Staff Council in helping
to shape company policy.
Future Prospects
In the coming period, company policy will be directed to
securing further growth in our loan portfolio and
expanding our other realty-based activities. Careful
attention will also be focused on improving and
extending our range of customer services, whilst at the
same time emphasizing the need to maintain strict
quality standards. Priority will be given to expanding the
range of products offered to clients and developing a
structured approach to specific foreign markets.
We expect that while the number of employees will fall
slightly in 1994, investment levels will remain virtually
unchanged. It is also expected that the results for the
current financial year will be broadly in line with those
of 1993.
Utrecht, March 4, 1994
W.A.J.M. van der Heijden
R.f. Kahlmann
Th.L.f. Zitman