Verona, September 2009 – the Managing Board of Banco Popolare Group approved the consolidated financial statements for 1H 2009

1H 2009 results:

The Group has made a positive result in the first half of 2009, with a solid structure of the Profit and Loss Account, evidenced by the EUR 826 million of operating profit.  

Half-year consolidated net profit amounts to EUR 204 million with the total assets of EUR 121 billion, the shareholders’ equity amounting to approximately EUR 10 billion, and the Group is operating a network of around 2.200 branches across Italy.  

As at 30 June 2009 gross customer loans reached EUR 85.5 billion, which represents a 2,2% increase in comparison to the end of 2008, while the customer funds amounted to EUR 90.8 billion. Net interest income in 1H 2009 amounted to EUR 1.025,8 million.

 

For all additional information please contact Ms Sanja Pančić, the head of the Marketing and Communications department on the phone number 01/4653 459, 099 310 7522, e-mail: sanja.pancic@bpc.hr; www.bpc.hr.