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Aplicirajte ovde

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First Quarter 2009 Financial Results

1 January 2009.

Net profit reaches €81m versus €5m in the previous quarter

First Quarter 2009 Financial Results
  • Net profit reaches €81m versus €5m in the previous quarter
  • Loans and deposits expand by 12% and 17% y-o-y respectively
  • Loans to deposits ratio improves further to 114%
  • First Greek bank to tap the wholesale markets without the guarantee of the Greek State since the beginning of crisis, with €500m senior unsecured issue
  • Contained and reduced operating expenses by 3.4% to €362m
  • Increasing impairment charges to safeguard the quality of the loan portfolio
  • Organic capital generation: Core Tier I increases by 60bps to 8.6%
  • Capital adequacy ratio improves to 11.3%2
  • Scrip dividend of 2 shares for every 98 held
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