Brief: Attica Bank FY 2023 Result Turns To Net Profit Of EUR 27.6 Million

CrediaBank SA

07/03/2024 16:25

March 7 (Reuters) - Attica Bank SA  BOAr.AT :
    * FY 2023 NET PROFIT EUR 27.6 MILLION VERSUS NET LOSS OF EUR
386.6
MILLION YEAR AGO
    * FY 2023 NET INTEREST INCOME EUR 74.2 MILLION VERSUS EUR
40.6
MILLION YEAR AGO
    * NPE RATIO FURTHER DECREASED TO 56.9%, SHOWING AN
IMPROVEMENT OF
880 BPS YOY
    * INITIATED ACTIONS FOR POSSIBLE MERGER WITH PANCRETA BANK
AIMING
TO THE RESTRUCTURING OF BOTH CREDIT INSTITUTIONS

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