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Total consolidated net profit for the period of € 15.4 million
in an economic environment that is still difficult
The Group's financial solidity is confirmed by a Core Tier 1 ratio of 8.20%
(8.33% net of CR Bra, an increase of 6 bps from the end of 2012)
The liquidity position has improved even more and leverage is still limited
(14.5x versus 14.2x as in December 2012)
Net commission income has held up well, net interest income is down due to the sharp decrease in market interest rates and weak demand for commercial loans
The results of ordinary operations are in any case positive: the difference between net interest and other banking income, net of financial activities, and operating costs is substantially stable compared with the first quarter of 2012.