Categories: Economy

Abanca approves accounts for 2022 with a net profit of 217 million

Author:

The council expands the number of members and appoints PWC as the new auditor

General meeting of shareholders Abanca approved this Monday the management and annual accounts for the year 2022, when the entity made a net profit of 217 million euros. At the regular annual meeting, which was chaired by Juan Carlos Escotet, 91.85% of the entity’s share capital was represented, which “overwhelmingly” approved twelve proposed agreements collected on the agenda.

The assembly was held in person and with the possibility of participation electronically in order to ensure the participation of shareholders, who supported the annual account for last year, when Abanca increased its profit by more than 40%.

“In the financial year 2022 high quality of the obtained results, of which 94% comes from banking business with clients. This ratio was 89 percent in 2021,” the entity’s announcement states.

Among other things, the Assembly of Shareholders also approved increase the maximum number of directors to 15 facilitate the process of restoring your highest body. In addition, Ana Barros was re-elected as director. Abanza reminded that its board of directors consists of 12 members, of which nine are independent, which is 75 percent of the total number.

Other items on the agenda were the appointment of v PWC as the new auditor until 2026 and approval for the purchase of own shares.

“In terms of good management, Abanca continues to make progress in implementation best practices in corporate governance, including the recommendations of the Code of Good Governance, and has had its management model externally verified for the second year. The verification report was confirmed by KPMG Asesores, who also verified the corporate report,” the company added.

Source: La Vozde Galicia

Share
Published by
Jason
Tags: Abanca

Recent Posts

Terror suspect Chechen ‘hanged himself’ in Russian custody Egyptian President al-Sisi has been sworn in for a third term

On the same day of the terrorist attack on the Krokus City Hall in Moscow,…

1 year ago

Locals demand tourist tax for Tenerife: “Like a cancer consuming the island”

class="sc-cffd1e67-0 iQNQmc">1/4Residents of Tenerife have had enough of noisy and dirty tourists.It's too loud, the…

1 year ago

Agreement reached: this is how much Tuchel will receive for his departure from Bayern

class="sc-cffd1e67-0 iQNQmc">1/7Packing his things in Munich in the summer: Thomas Tuchel.After just over a year,…

1 year ago

Worst earthquake in 25 years in Taiwan +++ Number of deaths increased Is Russia running out of tanks? Now ‘Chinese coffins’ are used

At least seven people have been killed and 57 injured in severe earthquakes in the…

1 year ago

Now the moon should also have its own time (and its own clocks). These 11 photos and videos show just how intense the Taiwan earthquake was

The American space agency NASA would establish a uniform lunar time on behalf of the…

1 year ago

This is how the Swiss experienced the earthquake in Taiwan: “I saw a crack in the wall”

class="sc-cffd1e67-0 iQNQmc">1/8Bode Obwegeser was surprised by the earthquake while he was sleeping. “It was a…

1 year ago