EGNATIA BANK announces its nine month 2006 financial results.
Group Assets amounted at Euro3.586 million, compared to Euro3.234 million over the 2005 nine month period, marking an increase of 10,87%.
Loans and Advances to Customers increased by 13,82% amounting at Euro2.681 million compared to Euro2.356 million at 30/9/2005.
Customers'' Deposits increased by 6,12% and reached Euro2.673 million as opposed to Euro2.518 million over the last year''s comparable period.
Group''s Net Commissions marked a significant increase and reached Euro30,3 million compared to Euro24,4 million over the corresponding period of the previous year (24,03% increase).
A significant portion of the Group''s Commission growth has been contributed by the subsidiary companies EGNATIA FINANCE SA, EGNATIA MUTUAL FUND MANAGEMENT COMPANY and EGNATIA LEASING (Romania).
Net Interest Income at Group level amounted at Euro76,1 million versus Euro71,7 million (6,15% increase).
Operating Income amounted at Euro114,1 million, marking a 10,47% growth.
The Operating Expenses to Operating Income Index was withheld at 70,78%.
Net Profit after tax and minority rights reached Euro12,95 million compared to Euro14,14 million over the corresponding period last year.
Net shareholders equity amounted at Euro256,4 million versus Euro231,5million over the corresponding period last year.