Banco Finantia posts a €39 million profit. The Common Equity Tier 1 Ratio (CET1) stands at 21%
Banco Finantia posted a consolidated net profit of €38.6 million for2018, resulting in an ROE before tax of 10.2%.
Banco Finantia’s financial strength, asmeasured by the Common Equity Tier I Ratio (CET1), stood at 21%, among the highest inthe European Union.
Net interest income reached €60.5 million, slightly above the previous year. Impairmentsand provisions declined to €4.9 million (€8.9 million in 2017).
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