A 5.7% progression was noted in the credit section, mostly due to property loans. The bank's exploitation costs have risen by 6%, a result of a digital restructuring process and increased expenses for employees.
The net result counts 17,4 million euros, a 7% percent decline from 2018. The numbers still need approval by the board of administration.
Over the course of the previous year, the bank has undergone several changes, notably the fusion of thirteen of its agencies, as well as the installation of an advisory council.
On 31st December, the bank employed a total number of 661 people.
