Contact center: 0800111144; 381 11 2023 353

Site searchclose

Aplicirajte ovde

News details

EUROBANK EFG GROUP RECORDS ROBUST PROFITABILITY IN 2008

15 April 2009.

In a truly exceptionally financial environment, Eurobank EFG Group remained profitable and strongly capitalized in 2008 with the CAD ratio at 12.4%, further strengthening its liquidity position.

EUROBANK EFG GROUP RECORDS ROBUST PROFITABILITY IN 2008
In a truly exceptionally financial environment, Eurobank EFG Group remained profitable and strongly capitalized in 2008 with the CAD ratio at 12.4%, further strengthening its liquidity position. At the same time, the Group used its profitability to create a buffer of €240m of pre-emptive provisions against potential future credit losses, strengthening further its balance sheet. The priorities going forward are to improve the preprovisioning earnings capacity, to further enhance the risk management process, to safeguard the quality of the loan book and to contain costs at all levels.
Top