Full year 2020 highlights
Capitalization levels are well above the current applicable regulatory requirements:
Capital Adequacy ratio: 13.7%
CET1 ratio: 12.5%
Adequate Liquidity profile was maintained in 2020:
Advances to Stable Funding ratio: 80.5%
Eligible Liquid Assets: 16.4%
Loan: Deposit ratio: 80.1%
Costs rationalization:
Reduction in Operating expenses by 17% YoY
Operating income:
Increased by 20% compared to Q3, 2020
Provision Charges: businesses across all sectors continued to be impacted by the COVID-19 pandemic, the bank is prudently managing risks to demonstrate transparency and taking timely actions, this has resulted with increased Net Provisions charge by 15% vs FY 2019.
NPL ratio: 15.7%
Provisions coverage ratio: 98.7%
