The Antwerp Diamond Bank (ADB) has released the yearly figures for 2007, as approved at its general shareholders meeting on 21st April, ADB said in a press release. %% The results reflect a decreased consolidated balance sheet due to continued restrictive credit policy, the growing competition in the diamond financing business and a persistently weakening US dollar, the reference currency in the diamond industry. The decrease is of € 1.7 billion per end-2007, compared to € 2.1 billion last year. %% However, ADB was able to maintain the consolidated profit on a satisfactory level of € 28.9 million, a slight increase of 2.8 percent compared to last year, owing to the considerably lower provisions for credit risks. %% In 2008, the bank will continue its diversification and geographical expansion by starting up a Private Equity Fund specialised in the diamond industry, and by incorporating a regional headquarter in Singapore. ADB, the only bank in the world that focuses exclusively on the diamond trade and industry, is a full subsidiary of KBC Bank.