We ended this year 2017 with a Net Income Group Share growth of almost 15% reaching a new high of 77.4 Million Euro. Despite countries disparities, we can affirm that the Group is heading in the direction set in the 3 years plan budget 2015-1018. The Income growth is sustained by healthy fundamentals such as:
• Rigorous risks provisioning policies; • Lower exposure on market activities and increase of the traditional banking business;
• Undergoing balance sheet transformation with the aim of better balancing the loan portfolio (less corporate more SME);
Reviewing pricing policies either on interest income or on fees, adjusted by market, risk premium;
• Financial discipline on costs.