Annual Report Euram Bank AG 2014 / 2015


Financial and non-financial performance indicators

The capital resources of Euram Bank continue to be excellent.

The eligible capital for the purposes of Part 2 of EU Regulation no.

575/2013 amounted to EUR 15.4 million (EUR 15.4 million as at

30.6.2014), and the overall risk value under Article 92 of the Regulation

(EU) 575/2013 amounts to EUR 65.5 million (EUR 58.9

million as at 30.6.2014). The total capital ratio ((eligible capital )/

(overall risk value)) amounts to 23.5% (26.1% as at 30.6.2014),

which is well above the legal minimum. The equity capital reported

consists entirely of Tier 1 capital. The cost/income ratio

(administrative expenses/revenue) amounted to 100.8% (90.9%

as at 30.6.2014) due to the slightly negative operating result.

In the financial year 2014/2015, a net profit of EUR 197.4 thousand

was earned. After passing a respective resolution in the

annual general meeting in November 2015, Euram Bank will not

distribute a dividend to its shareholders.

Euram Bank is a wholly owned subsidiary of Euram Holding AG.

In the financial year 2014/2015, two shareholders of Euram Holding

AG sold their shares in Euram Holding AG to several international

investors – further sales of shares by existing shareholders

to investors with strategic potential for Euram Bank are not excluded

in the financial year 2015/2016.

Retaining experienced and committed staff is a fundamental

precondition for any enterprise’s long-term success. The qualification

of its staff is of utmost concern for Euram Bank. Euram

Bank offers its employees the opportunity of ongoing training

and development to achieve their personal and career goals by

systematically developing their competencies.

Events of particular importance after the balance sheet

date of 30 June 2015

In the general assembly meeting on 28.7.2015, Dr. Peter Maser

was elected a member of the Supervisory Board.

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