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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. Solvency: 13,9%. 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%).
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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. Solvency: 13,9%. 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%).
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