In a statement to the Securities Market Commission (CMVM), Montepio reported that by June, the bank’s revenue amounted to 226 million euros, with the financial margin at 167.2 million and net commissions at 65.8 million.
Operating costs totaled 143 million euros, with net impairment and other provisions reversing to -2.6 million, and taxes amounting to 14.5 million euros.
The bank highlighted that commercial activity maintained a favorable trend, with customer deposits rising by 9.7% year-on-year to reach a new high of 15,590 million euros.
The gross credit to customers increased by 5.6% to 12,543 million euros, and performing customer credit reached 12,307 million euros, representing a growth of 6.6%.
The credit risk cost settled at -0.1%, and the NPE (non-performing exposure) ratio was reduced to 1.9%.
