Banco Finantia posts a €15,2 M profit in 2019 first half and Common Equity Tier 1 Ratio (CET1) increases to 21,8 %
In the first half of 2019, Banco Finantia maintained the growth of its operations and kept its key indicators solid.
Financial strength, as measured by the Common Equity Tier I Ratio (CET1), increased to 21.8% (vs 20 % in June 30 2018), among the highest in the European Union.
Consolidated net profit was €15.2 million for 2019 first half resulting in an ROE before tax of 9.6%.
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