In 2018 the soundness of Banco Finantia as measured by the Core Tier 1 Equity ratio reached 21%, one of the highest in the European Union. Its consolidated net profit was €38.6 million, resulting in an ROE before tax of 10.2%. Client deposits increased 12% confirming the trust of Banco Finantia’s client in Portugal and Spain.

2018

Financial soundness*

21%

*Measured by the Core Tier 1

 

 

Client deposits*

+12%

*Compared to the previous year

2018

Financial soundness*

21%

*Measured by the Core Tier 1

 

Client deposits*

+12%

*Compared to the previous year

In 2018 Banco Finantia was considered the strongest financial soundness and cost-to-income among the top 7 banks operating in Portugal, according to the 2018 Ranking "Top 250 US Banks" prepared by the prestigious British magazine The Banker.

The study/ranking carried out by The Banker was based on objective criteria, and several indicators were used: Dimension, Financial Strength and Profitability. The study published in 2018 was prepared with data for the period up to 31st December 2017.

According to the same study, Banco Finantia ranks fifth in financial strength among the 250 largest European banks and sixth in terms of efficiency, ranking 180th in terms of size.

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