Banking. Finantia profit of EUR 14.4 million in the half – Express

The Finantia closed the first half with a net profit of 14.4 million euros, an increase of 23% over the same period of 2015 (11.7 million).

The bank, It says in a statement that with this performance “reinforces the financial soundness”: the ratio Core Tier I is 21.7%, “one of the highest in the sector and increased compared to 20.6% of same period 2015 “.

customer deposits reached EUR 693 million (+ 9%), confirming the” positive trend of recent years “due to the strategy of” enlargement of the customer base “and “stronger presence” of private banking in the Finantia Portugal and Spain.

at the end of June, total assets registavam the value of 1,830 million and shareholders’ equity stood at 378.1 million at the same level of the year 2015. at that time, the Finantia not noted “any funding from the European Central Bank (215 million at June 30, 2015).”

the Finantia says that “continued expansion of operational activities in several areas and maintains strategic focus on private and investment banking and capital markets. ” Has branches in Spain, United Kingdom, United States, Brazil and Malta.

Finantia is owned by Finantipar SGPS (57%), chaired by Antonio Guerrero, telling the shareholder structure with Natixis (9, 9%), VTB Capital (8.9%) and Portigon (8.2%).

The Executive Committee is chaired by Pedro dos Reis Perestrelo that account, with Gonçalo Vaz Botelho (vice president ), David Guerrero and Ricardo Caldeira.