Amounts in thousands of EUR | Note1 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|
INCOME |
|
|
| ||||||
Interest income | 225,146 | 200,766 | |||||||
Interest expense | -25,014 | -21,590 | |||||||
Net interest income |
| 200,132 | 179,176 | ||||||
|
|
|
| ||||||
Income from participating interests | 19,798 | 15,692 | |||||||
|
|
|
| ||||||
Fee and Commission income | 72,874 | 67,814 | |||||||
Fee and Commission expense | -7,806 | -5,571 | |||||||
Net fee and commission income |
| 65,068 | 62,243 | ||||||
|
|
|
| ||||||
Net result from other financial instruments at FVTPL | -100 | 2,037 | |||||||
Other income | 950 | 1,991 | |||||||
Other income |
| 850 | 4,028 | ||||||
|
|
|
| ||||||
Total income |
| 285,848 | 261,139 | ||||||
|
|
|
| ||||||
EXPENSES |
|
|
| ||||||
Personnel expenses | 123,436 | 111,493 | |||||||
Other administrative expenses | 72,983 | 63,300 | |||||||
Amortisation and value adjustments of intangible assets | 13,452 | 11,551 | |||||||
Depreciation and value adjustments of property and equipment | 10,561 | 13,458 | |||||||
Operating expenses |
| 220,432 | 199,802 | ||||||
|
|
|
| ||||||
Impairment result on financial instruments | 2,516 | -2,891 | |||||||
Total expenses |
| 222,948 | 196,911 | ||||||
|
|
|
| ||||||
Operating result before taxation |
| 62,900 | 64,228 | ||||||
Taxation on operating result | -12,960 | -13,469 | |||||||
Net profit |
| 49,940 | 50,759 | ||||||
| |||||||||