shortages. Hence, Portugal operation generated a significant loss in this quarter. 2) Higher SG&A 3) Higher tax expenses However, there are also several positive factors: 1) Strong performance of our
the threshold for invoicing. Inventories increased by 446. 4 MB, representing an increase of 51. 7% because during in Q2- 2022, there are several large projects that have recently received and those are
distribution channels to increase fee income and assets under advice. The area of Investment Banking will combine the expertise of several functions within the Group to allow the Group to offer more
expertise of several functions within the Group to allow the Group to offer more comprehensive financial services to meet clients’ demands. 11 Commercial Banking Business including retail lending, commercial
several functions within the Group to allow the Group to offer more comprehensive financial services to meet clients’ demands. Commercial Banking Business including retail lending, commercial lending
. The area of Investment Banking will combine the expertise of several functions within the Group to allow the Group to offer more comprehensive financial services to meet clients’ demands. Commercial
Banking will combine the expertise of several functions within the Group to allow the Group to offer more comprehensive financial services to meet clients’ demands. Commercial Banking Business including
of several functions within the Group to allow the Group to offer more comprehensive financial services to meet clients’ demands. Commercial Banking Business including retail lending, commercial