APS Bank posts record EUR 23.9 million interim pre-tax profit

APS Bank’s first-half pre-tax profit rose to EUR 23.9 million from EUR 9.1 million, while operating income increased 43.9% to EUR 58.7 million. Loans expanded to EUR 3.8 billion. Carried forward from today’s earlier verified briefing. Why it matters: The results show stronger Maltese banking volumes, an improved cost-to-income ratio and continued investment in people and technology.

Source: https://www.apsbank.com.mt/news/aps-bank-posts-record-interim-profit-of-e23-9m-on-the-back-of-strong-all-round-growth/