Addiko Bank AG 2023 Annual Report with Sustainability Disclosures
The report highlights Addiko Bank's strong financial performance in 2023, with net profit increasing by 60% year-on-year to EUR 41.1 million and the operating result rising by 41% to EUR 103.9 million. The bank successfully completed its ESG Strategy & Action Plan for 2023, launching 15 initiatives focused on reducing its carbon footprint and promoting social equality. Addiko Bank also decided to expand its digital business model into the Romanian market in 2024. Additionally, the bank achieved a historic low non-performing exposure (NPE) ratio of 2.0% while maintaining a solid Common Equity Tier 1 (CET1) ratio of 20.4%.
Company: Addiko Bank AG
Sector: Finance & insurance
Country: Austria
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 180
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Addiko Bank AG
Annual Report
The report highlights Addiko Bank's strong financial performance in 2023, with net profit increasing by 60% year-on-year to EUR 41.1 million and the operating result rising by 41% to EUR 103.9 million. The bank successfully completed its ESG Strategy & Action Plan for 2023, launching 15 initiatives focused on reducing its carbon footprint and promoting social equality. Addiko Bank also decided to expand its digital business model into the Romanian market in 2024. Additionally, the bank achieved a historic low non-performing exposure (NPE) ratio of 2.0% while maintaining a solid Common Equity Tier 1 (CET1) ratio of 20.4%.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Feb 20, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees