Dutch insurance group Aegon said on Tuesday that it has paid back one-third, or one billion euros (1.5 billion dollars), of a cash injection it received from the Dutch government in October 2008.
“Aegon yesterday repaid one-third of the three billion euros in core capital the company secured last year through its largest shareholder, Vereniging Aegon and funded by the Dutch government,” it said in a statement.
The reimbursement totals 1.15 billion euros including interest, Aegon said.
Aegon said in August that it raised one billion euros through the sale of shares in order to pay back the capital injection, which the Dutch state had given to shield the financial institution from the world financial crisis.
