Garanti BBVA International’s Post

EFG Holding  achieves its highest-ever revenues of EGP 14.7 billion in 2023, marking a 34% Year-on-Year growth, driven by strong performance in its Investment Bank (EFG Hermes) and commercial bank arm (aibankeg). #EFGHolding #RevenueGrowth #FinancialPerformance #InvestmentBanking #CommercialBanking #EGP14.7Billion #YearOnYearGrowth

CIB Group closed the second year of the 2022-2025 strategic cycle with outstanding results and with a loan and deposit growth several times above the market average. 2023 was one of the most successful years in the history of the Group. Its balance sheet total, loan portfolio and revenues grew significantly, while its costs remained below the annual average inflation rate, at a sustainable level, so its cost efficiency continued to improve with several rounds of salary increase for its employees. Backed by the full support of Intesa Sanpaolo’s International Subsidiary Banks Division, CIB Group continued to increase its market share in strategically important segments, expanding the range of its digital services and the proportion of customers using them. As a result, cost efficiency continued to be excellent and the Group closed the 2023 business year with profits of HUF 63.929 billion, 77.1% above the 2022 figure. Its balance sheet total was HUF 3,315.812 billion at the end of December 2023, 7.2% higher than in December 2022. https://ow.ly/eFOi30sBLAU #IntesaSanpaolo #CIBBank #Hungary #InternationalSubsidiaryBanksDivision

CIB Group closed the second year of the 2022-2025 strategic cycle with outstanding results and with a loan and deposit growth several times above the market average. 2023 was one of the most successful years in the history of the Group. Its balance sheet total, loan portfolio and revenues grew significantly, while its costs remained below the annual average inflation rate, at a sustainable level, so its cost efficiency continued to improve with several rounds of salary increase for its employees. Backed by the full support of Intesa Sanpaolo’s International Subsidiary Banks Division, CIB Group continued to increase its market share in strategically important segments, expanding the range of its digital services and the proportion of customers using them. As a result, cost efficiency continued to be excellent and the Group closed the 2023 business year with profits of HUF 63.929 billion, 77.1% above the 2022 figure. Its balance sheet total was HUF 3,315.812 billion at the end of December 2023, 7.2% higher than in December 2022. https://ow.ly/taj830sC90s #IntesaSanpaolo #CIBBank #Hungary #InternationalSubsidiaryBanksDivision

CIB Group closed the second year of the 2022-2025 strategic cycle with outstanding results and with a loan and deposit growth several times above the market average. 2023 was one of the most successful years in the history of the Group. Its balance sheet total, loan portfolio and revenues grew significantly, while its costs remained below the annual average inflation rate, at a sustainable level, so its cost efficiency continued to improve with several rounds of salary increase for its employees. Backed by the full support of Intesa Sanpaolo’s International Subsidiary Banks Division, CIB Group continued to increase its market share in strategically important segments, expanding the range of its digital services and the proportion of customers using them. As a result, cost efficiency continued to be excellent and the Group closed the 2023 business year with profits of HUF 63.929 billion, 77.1% above the 2022 figure. Its balance sheet total was HUF 3,315.812 billion at the end of December 2023, 7.2% higher than in December 2022. https://ow.ly/z1Kg30sBLav #IntesaSanpaolo #CIBBank #Hungary #InternationalSubsidiaryBanksDivision

CIB Group closed the second year of the 2022-2025 strategic cycle with outstanding results and with a loan and deposit growth several times above the market average. 2023 was one of the most successful years in the history of the Group. Its balance sheet total, loan portfolio and revenues grew significantly, while its costs remained below the annual average inflation rate, at a sustainable level, so its cost efficiency continued to improve with several rounds of salary increase for its employees. Backed by the full support of Intesa Sanpaolo’s International Subsidiary Banks Division, CIB Group continued to increase its market share in strategically important segments, expanding the range of its digital services and the proportion of customers using them. As a result, cost efficiency continued to be excellent and the Group closed the 2023 business year with profits of HUF 63.929 billion, 77.1% above the 2022 figure. Its balance sheet total was HUF 3,315.812 billion at the end of December 2023, 7.2% higher than in December 2022. https://ow.ly/IkI630sBOw5 #IntesaSanpaolo #CIBBank #Hungary #InternationalSubsidiaryBanksDivision

CIB Group closed the second year of the 2022-2025 strategic cycle with outstanding results and with a loan and deposit growth several times above the market average. 2023 was one of the most successful years in the history of the Group. Its balance sheet total, loan portfolio and revenues grew significantly, while its costs remained below the annual average inflation rate, at a sustainable level, so its cost efficiency continued to improve with several rounds of salary increase for its employees. Backed by the full support of Intesa Sanpaolo’s International Subsidiary Banks Division, CIB Group continued to increase its market share in strategically important segments, expanding the range of its digital services and the proportion of customers using them. As a result, cost efficiency continued to be excellent and the Group closed the 2023 business year with profits of HUF 63.929 billion, 77.1% above the 2022 figure. Its balance sheet total was HUF 3,315.812 billion at the end of December 2023, 7.2% higher than in December 2022. https://ow.ly/8HCI30sBLOk #IntesaSanpaolo #CIBBank #Hungary #InternationalSubsidiaryBanksDivision

CIB Group closed the second year of the 2022-2025 strategic cycle with outstanding results and with a loan and deposit growth several times above the market average. 2023 was one of the most successful years in the history of the Group. Its balance sheet total, loan portfolio and revenues grew significantly, while its costs remained below the annual average inflation rate, at a sustainable level, so its cost efficiency continued to improve with several rounds of salary increase for its employees. Backed by the full support of Intesa Sanpaolo’s International Subsidiary Banks Division, CIB Group continued to increase its market share in strategically important segments, expanding the range of its digital services and the proportion of customers using them. As a result, cost efficiency continued to be excellent and the Group closed the 2023 business year with profits of HUF 63.929 billion, 77.1% above the 2022 figure. Its balance sheet total was HUF 3,315.812 billion at the end of December 2023, 7.2% higher than in December 2022. https://ow.ly/EJGW30sBN05 #IntesaSanpaolo #CIBBank #Hungary #InternationalSubsidiaryBanksDivision

Evolving French Banking Landscape: Embracing Tradition and Innovation 🚀 46.7% of French consumers consider digital banks as their primary choice. 🔄 Crédit Agricole sees customer consideration rise from 17.7% (2021) to 19.1% (2023). 📈 Ma French Bank closure highlights industry challenges and strategic shifts. 💡 Boursobank leads with 6 million clients and consistent growth. 🚀 Market mergers and closures shape dynamic industry shifts. Source article ➡️https://lnkd.in/dgyMCx4R Revolut , AXA Banques B to B , Orange Bank , BNP Paribas , BOURSORAMA , Monabanq , Crédit Mutuel Arkéa SG Fortuneo Caisse d’Epargne BRED Crédit Mutuel La Banque Postale Crédit Agricole CIB Groupe Crédit Agricole #DigitalTransformation #InnovationInBanking #FrenchFinance #Banking #Fintech #Digitalization

CIB Group closed the second year of the 2022-2025 strategic cycle with outstanding results and with a loan and deposit growth several times above the market average. 2023 was one of the most successful years in the history of the Group. Its balance sheet total, loan portfolio and revenues grew significantly, while its costs remained below the annual average inflation rate, at a sustainable level, so its cost efficiency continued to improve with several rounds of salary increase for its employees. Backed by the full support of Intesa Sanpaolo’s International Subsidiary Banks Division, CIB Group continued to increase its market share in strategically important segments, expanding the range of its digital services and the proportion of customers using them. As a result, cost efficiency continued to be excellent and the Group closed the 2023 business year with profits of HUF 63.929 billion, 77.1% above the 2022 figure. Its balance sheet total was HUF 3,315.812 billion at the end of December 2023, 7.2% higher than in December 2022. https://ow.ly/fVzq30sBOvz #IntesaSanpaolo #CIBBank #Hungary #InternationalSubsidiaryBanksDivision

CIB Group closed the second year of the 2022-2025 strategic cycle with outstanding results and with a loan and deposit growth several times above the market average. 2023 was one of the most successful years in the history of the Group. Its balance sheet total, loan portfolio and revenues grew significantly, while its costs remained below the annual average inflation rate, at a sustainable level, so its cost efficiency continued to improve with several rounds of salary increase for its employees. Backed by the full support of Intesa Sanpaolo’s International Subsidiary Banks Division, CIB Group continued to increase its market share in strategically important segments, expanding the range of its digital services and the proportion of customers using them. As a result, cost efficiency continued to be excellent and the Group closed the 2023 business year with profits of HUF 63.929 billion, 77.1% above the 2022 figure. Its balance sheet total was HUF 3,315.812 billion at the end of December 2023, 7.2% higher than in December 2022. https://ow.ly/qJeA30sBMBE #IntesaSanpaolo #CIBBank #Hungary #InternationalSubsidiaryBanksDivision