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Banco Finantia consolidated results for the first half of 2021

Banco Finantia recorded consolidated net profit of €11.8 million in the first half of 2021, an increase of 25% compared to the same period in 2020, and financial strength, measured by the Common Equity Tier 1 (CET1) ratio, stood at 27.1%, among the highest in European banking.

Financial operations, fees and other income amounted to €9.6 million, and net banking income increased to €28.1 million.

Total consolidated assets amounted to €2,055 million as of June 30, 2021, and shareholders’ equity stood at €490 million.

According to the 2021 “Top 1000 World Banks” ranking published by the British magazine The Banker, Banco Finantia, among the 23 largest banks operating in the Iberian Peninsula, presents the highest financial strength ratios and the best return on assets.

For more detailed information, please refer to the announcement.

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