The EGNATIA BANK Group results for the 2005 nine month period have shown significant growth. Group after tax profits reached euro 17,671.2 thousand compared to euro 13,121.6 thousand over the same period last year, showing an increase of 34,7%.

On 30.9.05 Group Deposits reached euro 2,545.5 million compared to euro 2,099.0 million at 30.9.04, marking an increase of 21.3%. The Bank's deposits grew by 19% reaching euro 2,488.2 million compared to euro 2,090.8 at 30.9.04.

The Group's pre-provision Loans on 30.9.05 reached euro 2,383.8 million showing an increase of 12.8% over the previous year's comparable of ?2,112.7 million. At Bank level, pre-provision loans reached euro 2,261.6 million marking an increase of 10.3% over the previous year's comparable of euro 2,051.0

The nine month period of 2005 closed with the Loan to Deposit Ratio at 93.6% - a result of the Bank's stable policy on more effective deposit management.

The Group's Assets reached euro 3,235.8 million and the Bank's euro 3,128.3 million, representing an annualized increase of 29.0% (euro 2,509.2 million) and 27.4% (euro 2,455.4 million) respectively.

The Group's cumulative loan provisions reached euro 110,5 million on 30.9.05 and represent 4.6% of total loans.

The Group's net interest income amounted to euro 71,349.1 thousand compared to euro 72,450.2 thousand of the equivalent period in the previous year.

Net commissions reached euro 26,399.6 thousand representing an increase of 9.3% compared to the 2004 nine month period, whereas total operating income reached euro 106,370 thousand marking an increase of 4.3%.

The Group's staff costs increased by 11.5% and amounted to euro 46,001.5 thousand due to the expansion of the network and the parallel increase in the number of personnel (1,668 staff members compared to 1,569 on 30.9.04). However, general operating expenses dropped by 4.9% reaching euro 20,614.3 thousand.

On a consolidated basis the Share Capital Return Ratio passed the 10% mark and the Return on Assets Ratio reached 0.8%.