The bank announced this at a press conference on Friday afternoon. Alongside this, the pandemic was addressed, as the bank has helped businesses with credit.
The savings bank made a net profit of 135 million euros this year, which is 26 per cent less than after 2019. The bank explains this decrease because higher substantial commissions were made.
The sanitary crisis has posed enormous challenges for many businesses and independents, and sales have plummeted in many sectors. In such situations, the bank stood by its clients, which is reflected in the fact that roughly 4,4000 moratoria were granted.
Incidentally, the savings bank works differently from 2019, with 30 per cent of the staff working at different locations and the rest working from home. Those who work from home use the bank’s secure IT equipment.