- 80% increase in Q1 2023 Net Profit compared to Q1 2022
- Net Interest income increased by 38% compared to prior year
- Total Income improving by 5% (YoY)
- Provisions reduced by 91% in Q1 2023 compared to Q1 2022
- Successful issuance of AT1 Capital Instrument of USD 150 million in Q1 2023
- Capital Adequacy Ratio (CAR) at 19.3% and Tier 1 Ratio at 18.1%
- NPL ratio down from 11.4% in Q1 2022 to 7.8% in Q1 2023
- Coverage ratio improving from 70% in Q1 2022 to 102% in Q1 2023
Robust liquidity profile is demonstrated by an advances to stable resources ratio of 80% and an eligible liquid asset ratio of 21% well above the regulatory thresholds.
