Report and
Recommendations of the
Board of Directors
To the stockholders
After considering the advice of Moret Ernst Young
Accountants, who audited and approved the accounts
prepared by the Executive Board, the Board of Directors
has approved and signed the financial statements for the
year 1993.
These financial statements include the consolidated
annual returns, company balance sheet and income
statement of FGH BANK N.V. (see page 10 ff.). We
recommend that the financial statements presented in
this annual report be approved accordingly.
The Board of Directors has maintained close contact
with the Executive Board throughout the reporting
period and commends the efforts of both management
and staff, as well as expressing satisfaction at the result
achieved in 1993.
Utrecht, March 4, 1994
H.B. van Wijk,
Chairman of the Board of Directors
