The shareholders’ meeting of Banca del Fucino, the parent company of the Igea Banca banking group, yesterday approved the 2024 financial statements, confirming full support for the management of CEO Francesco Maiolini: net profit stood at 32.3 milion, a sharp increase (+88%) compared to 2023. Loans and advances to customers rose to around 2.4 billion (+16%), direct deposits exceeded 4.2 billion (+16%), and the banking product stood at 7.9 billion. In 2024, net interest income stood at about 79 milion and net interest and other banking income exceeded 144 milion. Fucino continued to strengthen its capital last year with equity at 274.1 million at the consolidated level and the capital strengthening plan will continue in 2025. The purchase of Orvieto will take place in cash.
