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The Board of Directors of Banca IFIS met today under the chairmanship of Sebastien von Furstenberg and approved the results for the first half of 2013.
The first half 1 January-30 June 2013
Net banking income increasing by 22,7% to 132 million Euro.
Net profit from financial activities increasing by 14% to 105 million Euro.
Cost/income ratio further improving, down to 28,1% from 32,2%.
Profit for the period increasing by 16,7% to over 44 million Euro.
Turnover for the first six months: 2.509 million Euro.
Retail funding exceeded 3,9 billion Euro.
Non-performing loans/total loans in the trade receivables sector: 3,5%, compared to 4,3% at the end of 2012 and 3,7% at 30 June 2012.
70 new employees taken on in the first six months of 2013.
Core Tier 1: 14,2%.
The second quarter 1 April-30 June 2013
Net banking income amounting to 65 million Euro (+18,2%).
Net profit from financial activities increasing by 14,0% to 52 million Euro.
Net profit amounting to 21,6 million Euro (+19,6%).