OREANDA-NEWS. Interim financial results of Hansabank Group, Q3 2007, reported the press-centre of Hansabank Group.
 
Loans increased by 7% qoq and 42% yoy
Deposits increased by 1% qoq and 20% yoy
Net interest margin was 2,96%, -6bp qoq and +4bp yoy
Net profit was EUR 128m, +1% qoq, +37% yoy
Return on equity 30%
Revenues EUR 259m, +3% qoq, +39% yoy
Expenses were EUR 101m, 1% qoq, +34% yoy
Cost-income ratio was 39,1%

Hansabank Group achieved strong results in Q307 with a record net income of EUR 128m and annual pre-tax profit growth of +39%. ROE on actual equity was 30% and CI ratio 39% in Q307.

The Group’s loan portfolio increased by 42% to EUR 18,8bn from the same period last year. The loan portfolio growth rate continues to decline and this trend is expected to continue also in the coming quarters. Our asset quality remains strong.