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Eurobank EFG Group achieved solid growth in the first 9 months in 2008

25 November 2008.

Group Net Profit Rises by 4.6% to €647m, despite the adverse conditions in the global banking and financial sector

Eurobank EFG Group achieved solid growth in the first 9 months in 2008
  • Group Net Profit Rises by 4.6% to €647m, despite the adverse conditions in the global banking and financial sector
  • Recurring Profit expands by 17.9% to €560m
  • Customer Deposits increase by an impressive 42.5% y-o-y
  • Strong Capital Adequacy at 11%
  • Group Operating Expenses down 3.1% q-o-q

Performance in “New Europe” was particularly strong, as net profit from this region more than tripled and reached €135m, from €42m the same period last year, contributing 20.8% to the total group profitability, against 6.6% in the first nine months of 2007.

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