CrediaBank continued its strong growth trajectory in the first half of 2026, achieving new record performance levels and further strengthening its financial position. The Bank’s H1 2026 results reflect strong business momentum, supported by robust credit expansion, sustained revenue growth, improved asset quality and enhanced profitability, while strategic initiatives continued to reinforce its long-term growth prospects. H1 Results confirm CrediaBank’s ability to accelerate reliably and from a position of strength, the full potential of the acquisition of a majority shareholding in HSBC Bank Malta, which is currently pending regulatory approvals.

The Bank continued its strong growth trajectory, achieving a record level of recurring operating profit of €53.6 million in H1 2026, up 45% YoY, supported by the significant growth of fee-based revenues and strong credit expansion. Recurring profit before tax stood at €40.1 million, showing healthy growth rate of 45%. At the same time, it recorded historical highs in new loan disbursements, reaching €2 billion in the first half of the year, while gross loans increased by 39% compared with H1 2025. The bank continues to deliver strong growth and profitability in H1 2026, maintaining strong capital and liquidity positions and further improving asset quality. Our liquidity remained resilient with €7.6 billion in deposits. Capital ratios remained strong, well above regulatory thresholds, with CET1 ratio at 15.5% (16.7% with Evropi pro-forma +490bps YoY). NPE ratio decreased further to 2.4% compared to 2.9% in H1 2025. 

These results reflect the successful execution of CrediaBank’s strategic plan, combining strong organic growth with targeted investments that enhance the Group’s capabilities, diversify revenue streams and create additional opportunities for sustainable long term value creation. During the period, CrediaBank advanced a series of strategic milestones, including the €300 million share capital increase, the acquisition of Evropi Holdings, a leading Property and Casualty Insurance group in Greece, the acquisition of a 70% stake in Pantelakis Securities S.A., a historic stock brokerage firm (both transactions subject to corporate and regulatory approvals), the strategic partnership with BNP Paribas Asset Management for the wealth management proposition, as well as the participation in the European Investment Bank’s (EIB) Security and Defence Programme for the support of SMEs. The confidence of leading international institutional investors was further demonstrated through the successful completion of the recent share placement by one of the Bank’s two principal shareholders. The transaction broadened the Bank’s shareholder base in line with the ownership structures of major European systemic banks, enhancing both the visibility and the liquidity of the stock and, consequently, strengthening the Bank’s presence in the international capital markets.

Key Financial Highlights

• Net credit expansion remained strong, reaching €841 million, increasing by 55% YoY. A new historical high for new loan disbursements reaching €2 billion, up 26% compared with the first half of 2025. Gross loans before provisions, excluding securitisation bonds, increased by 39% compared to H1 2025 and by 8% compared to Q1 2026, reaching €5.3 billion. Group assets increased by 20% compared to H1 2025, reaching €9.6 billion.
• Recurring operating profit reached a new record high of €53.6 million in H1 2026, increasing by 45% compared to H1 2025. 
• Recurring profit before tax in H1 2026 rose by 45% to €40.1 million, supported by the strong organic growth. In Q2 2026 alone, recurring profit before tax amounted to €23.4 million compared to €13.3 million, marking an impressive increase of 76% YoY. Net interest income increased by 26% compared to H1 2025 to €98.2 million in H1 2026. In Q2 2026, net interest income amounted to €51.4 million, up 24% compared to Q2 2025 and 10% compared to Q1 2026.
• Net fee and commission income amounted to €22.7 million in H1 2026, marking a 34% increase compared to H1 2025. In Q2 2026, it amounted to €11.8 million, increased by 19% compared to Q2 2025 and by 7% compared with Q1 2026. Operational efficiency improved significantly, with the cost-to-recurring income ratio decreasing by 772 basis points compared to H1 2025 to 58.9%, in line with the Bank’s expectations and business plan for continued efficiency improvements. 
• Deposits amounted to €7.6 billion, up 16% compared with H1 2025. The Bank maintained a strong liquidity position, with a loan-to-deposit ratio (LDR) of 70% and a Liquidity Coverage Ratio (LCR) of 145%.
• The NPE ratio further improved by 12 basis points compared with Q1 2026 to reach a historical low of 2.4% in Q2 2026, despite strong loan growth. The NPE coverage ratio increased by 246 basis points to 57.1%.
• The CET1 ratio in H1 2026 reached15.5%, levels comparable to the European systemic banks, while total capital ratio (TCR) amounted to 20.8%. Pro forma, including Evropi Holdings, CET1 ratio would reach 16.7% and TCR 21.8%.

Additionally, the upcoming acquisition of a majority shareholding in HSBC Malta is expected to double CrediaBank’s balance sheet, with the total assets exceeding €17 billion and to enhance profitability, confirming the attractiveness of the investment and the Maltese market and economy as a whole. 

The strong financial performance achieved in H1 2026 reflects the continued execution of CrediaBank’s strategic plan, combining disciplined balance sheet growth and enhanced operational efficiency. Ms. Eleni Vrettou, Chief Executive Officer at CrediaBank stated: “CrediaBank’s strong performance in the first half of 2026 reflects its solid growth trajectory. Looking ahead, we continue to focus on the key pillars that support our long-term growth: strengthening our customer relationships, support the growth of the healthy part of the economy, expanding our product and service offering, accelerating our digital transformation journey and leveraging strategic partnerships and targeted investments to enhance our capabilities. Our entrance in the Maltese market, subject to regulatory approvals, will mark an important milestone, enabling us to unleash the new entity’s full potential as a solid regional player and to create additional value for all our customers and stakeholders in both geographies.”