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Preliminary financial results for 6 months of 2021
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Komunikat spółki - NTU preliminary financial results for 6 months of 2021
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Estonian
In 2020 Inbank earned a net profit of 5.9 million euros, which is 41% less than the previous year. Inbank’s loan portfolio increased by 19% compared to 2019 reaching 402 million euros. At the same time, the deposit portfolio grew 4%, reaching 391 million euros at year-end. The annual return on equity was 10.8%.
Annual sales volume in 2020 was 300 million euros; that is, a 4% increase year-on-year. In all markets, the sales finance business grew by 38% to 206 million euros. At the same time, the sales volume of personal loans decreased by 51% to 36 million euros, while car financing decreased in sales volume by 11% to 58 million euros.
Provisions for loan losses increased by 91% year-on-year to 11.5 million euros.
Changes in the Supervisory Board of Inbank AS
Nachrichtenquelle: globenewswire | 08.03.2021, 06:43 | 116 | 0
At the Annual General Meeting to be held on 30 March 2021, the Supervisory Board of Inbank AS will propose to the shareholders to elect Jan Andresoo and Taavi Kotka to the Supervisory Board for 3 years as of 31 March. The Supervisory Board will also propose to extend the mandate of the Supervisory Board members Rain Rannu, Raino Paron, Roberto de Silvestri and Triinu Reinold retroactively as of the termination of their authorisation on 23 March 2021 and proactively for the next 3-year term of office as of the approval of this resolution. The purpose of these changes is to support Inbank s new management structure and international growth. To this end, the Supervisory Board of Inbank plans to elect Priit Põldoja as the Chai
Changes in the Supervisory Board of Inbank AS
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