Alisa Bank’s H1 financials were as expected weak but still slightly below our estimates. Total income amounted to EUR 7.4m (Evli EUR 7.8m), down slightly y/y, while the adj. pre-tax profit amounted to EUR -1.4m (Evli EUR -1.0m). The loan portfolio of business financing was up slightly from the end of last year despite market challenges, but the total loan portfolio decreased 15% from the end of last year.
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