The group’s total assets grew by 51% compared to the end of June 2006, on a pro forma basis, and reached E29.1 billion at the end of June 2007. Total group loans increased by 37% annually to E15.2 billion, while the group’s deposits grew annually by an impressive 40% and reached E20.1 billion.
Total operating income of the group increased by 52% during the first half of 2007 and reached E590 million. The group’s efficiency ratio (cost/income) improved significantly to 39.9%, compared to 52.9% during the same period last year, on a pro forma basis.
