In the first half of 2019, Banco Finantia maintained the growth of its operations as well as the solidity of its indicators. Banco Finantia's financial strength, as measured by the Common Equity Tier 1 (CET1) ratio, was 21.8%, higher than in 2018 (20.0%), and one of the highest in European banking. Consolidated net income was 15.2 million euros in the first half of 2019, translating into a pre-tax return on equity of 9.6%. Customer deposits increased to € 928 million, up 5% from € 883 million at the end of the first half of 2018. This increase follows the positive trend of recent years and confirms customer confidence in both Banco Finantia in Portugal as in Spain.

2019

Financial soundness*

21,8%

*Measured by the Core Tier 1

 

 

Client deposits*

+5%

*Compared to the previous year

2019

Financial soundness*

21,8%

*Measured by the Core Tier 1

 

Client deposits*

+5%

*Compared to the previous year

In 2019, Banco Finantia was considered the most sound (financial soundness) and cost-to-income among the 7 leading banks operating in Portugal, according to the 2019 “Top 250 EU Banks” Ranking prepared by prestigious British magazine The Banker.

The Banker study / ranking was based on objective criteria and several indicators were used: Size, Financial Strength and Profitability. The published study was prepared with data for October 2019.

According to the same study, Banco Finantia ranks among the Top 250 EU Banks in Europe for financial strength and ninth for efficiency.

See additional information in Financial information.

Invest in the future

We are a global and independent bank.
We have the ideal solution for those looking to save and invest.

Contact us