on UmweltBank AG (isin : DE0005570808)
UmweltBank AG's Strategic Growth and Financial Enhancement
UmweltBank AG recently bolstered its capital position, raising €20.66 million through a capital increase. This measure aims to strengthen the bank's equity base, with a focus on expanding its lending operations. Following the capital injection, the equity ratio is anticipated to rise to 16.6%, enhancing the bank's buffer against regulatory capital requirements.
Strategically, UmweltBank is focusing on increasing customer deposits, with projections to reach €5.9 billion by 2028, supported by a new green current account. The bank also plans to sell significant shareholdings by 2026 to improve its capital ratio and free up funds for lending.
The bank's management anticipates pre-tax earnings of €5 to €10 million in 2025, with a significant rise in net interest income, aided by the expansion of the deposit business and reduction in capital requirements.
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