“The Crédito Agrícola Group demonstrated a good financial performance in the first half of 2024, the best half-year ever in terms of results, consistent with the trajectory observed in recent years, presenting a return on equity of 17.7%, which contributed to a net profit of €224.4 million”, said the group's chairman, Licínio Pina, in a statement.

In the first six months of the year, the financial group's banking product amounted to 520.6 million euros, representing a year-on-year growth of 64.6 million euros (+14.2%), resulting from the 64.4 million euro increase in net interest income (+19.3% compared to the first half of 2023), to 398.9 million euros.

The customer loan portfolio grew by 54.4 million euros compared to December 2023 (+0.5%), to 12.113 million euros.

Customer deposits amounted to 20.889 million euros at the end of June, compared to 20.004 million euros in December 2023 (+4.4%).