In accordance with the relevant regulations of the Cyprus
Stock Exchange and the Cyprus Securities and Exchange
Commission, Marfin Popular Bank Public Co Ltd wishes to
inform the investment community that on the basis of
preliminary indications, the level of the total provisions
for impaired loans for the financial year
2011 will be higher than the previous year, primarily due to
the loan portfolio of the
Greek operations.
Given the significant deterioration of the economic
conditions in Greece and the implemented drastic austerity
measures, an impairment of goodwill relating to the Greek
operations is also anticipated. It should be noted, that any
such impairment of goodwill will not affect the existing
capital base of the Group, as goodwill is already deducted
from the regulatory capital in accordance with the Central
Bank of Cyprus regulations.
MARFIN POPULAR BANK PUBLIC CO LTD
Stelios Hadjiosif
Secretary
Nicosia, 18 January 2012
distribué par | Ce noodl a été diffusé par Marfin Popular Bank Public Co. Ltd. et initialement mise en ligne sur le site http://www.laiki.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-18 12:26:29 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
Documents associés | |
Profit Warning |