16/02/2012
01:00

Farbanca: draft financial statements for year ended as at 31 December 2011 approved by the Board of Directors

Farbanca
  • Loans to customers amount to EUR 471 million (+4%)
  • Direct deposits total EUR 358 million (+27%)
  • Net interest income up 9%
  • Net fee and commission income up 24%
  • Operating costs fall by 9%
  • Cost/income ratio stands at 43%
  • Net income of EUR 3.18 million (+57%)
  • Proposed dividend of EUR 0.55 per share
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