10.08.2015 Views

Why Cyprus?

Panikos Koursaris, Marfin Laiki Bank - Globalserve International ...

Panikos Koursaris, Marfin Laiki Bank - Globalserve International ...

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Strong Operating IncomeMarfin Popular Bank Public Co Ltd€m 2010 1H10 1H11Operating income 1,012 519 524Operating profit 367 206 210Provisions 266 141 183Profit after provisions & tax 95 53 24Provision for GreekGovernment bonds - - 221Net profit/loss 95 * 53 -197**Total equity 3,536 3,563 3,946Capital adequacy ratio 13.70% 11.50% 13.00%* Adjusted for one-off tax** Adjusted for the PSI impact35

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