Banco Finantia recorded consolidated net profit of €38.6 million in 2018, achieving a pre-tax return on equity (ROE) of 10.2%.
Banco Finantia’s financial strength, as measured by the Common Equity Tier 1 (CET1) ratio, reached 21%, one of the highest levels among European banks.
Net interest income amounted to €60.5 million, slightly above the previous year’s figure. Impairments and provisions decreased to €4.9 million (€8.9 million in the previous year).
For more detailed information, please refer to the announcement.
