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Eurobank EFG Group financial results in 2009

15 March 2010.

Group net income at €362m in 2009

Eurobank EFG Group financial results in 2009
  • Group net income at €362m in 2009
  • 4Q09 net income at €82m or €25m after the one-off tax charge of €57m
  • Resilient pre provision income of €1.6bn
  • Operating expenses decline by 6.1%y-o-y
  • Group deposits increase notably by €1.2bn in 2009 and liquidity improves
  • Formation of past due loans declines substantially in 2H09
  • Common equity grows by €712m in 2009 to €4.3bn
  • Core Tier I ratio expands by 1.8% to 9.8% and CAD ratio strengthens by 2.3% to
  • 12.7%, ratios which are among the highest among peers
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