The profit of the Agricultural Credit decreased by 2.2% in the first half, in homologous terms, to EUR 168.5 million, impacted by the reduction of the financial margin and the results of insurance contracts.
© Lusa
15/09/2026
by
Lusa
Nthe presentation of the financial results, which takes place today in Lisbon, the group president, Sérgio Raposo Frade, explained that the consolidated net result was fixed at EUR 168.5 million in the first six months of the year, representing a annual fall of 3.8 million.
The Agricultural Credit said that the financial margin – the difference between the interest charged on credits and the interest paid on deposits – dropped EUR 5.1 million, or 1.5%, to EUR 328.4 million.