May 2022
Solution Bank: Annual Report 2021 approved
The approval of Solution bank’s FY2021 Financial Statements confirmed the excellent results resulting from the intense business turnaround activity successfully achieved by the Bank over the last three years since the entry of controlling shareholder SC Lowy.
The year 2021 has been an intense year, characterized by the continuation of the state of emergency related to the global pandemic due to Covid-19.
Thanks to the determination and tenacity of all our collaborators, we have been able to achieve our objectives and we are projected towards ambitious future goals, focused on the growth of the Specialized Lending platform, the development of the franchise in the digital lending segment and the strengthening of operational structures to support growth.
The Bank has significantly strengthened its positioning on the corporate and distressed loans market, providing its customers with high-level skills in credit structuring and analysis. The year 2021 closes with a pre-tax profit of approximately 9 million, with assets of over 1 billion and Shareholders’ Equity of over 63 million.
At the end of 2021, there is a CET1 Ratio of 13.6%, an NPE Ratio (net) of 4.7% and an LCR Ratio of 221%.
It is with pride and satisfaction that Solution projects itself into a new chapter of its history to be written thanks to the passion and professionalism of its People.