During this Assembly, Christophe Bosson, General Director of Banque Populaire Méditerranée, presented the results of the 2019 fiscal year. He described the year 2019 as a year of consolidation. Consolidation of commercial performance in a highly competitive banking context, consolidation of cooperative values with the arrival of 8,500 new members, consolidation concluded with increased financial results, notably with a significant improvement in productivity thanks to the favorable evolution of the Net Banking Income (NBI), coupled with good control of expenses and risk costs.
Philippe Henri, President of Banque Populaire Méditerranée, continued by presenting the measures currently implemented in the context of the health crisis, aimed at ensuring the safety of employees and clients and maintaining continuity of service. He specifically mentioned in numbers and facts the exceptional mobilization of networks to support and assist our clients, as well as, more generally, the regional economy. He also emphasized the significant efforts of support functions to accompany this strong mobilization and finally thanked all the bank’s employees for their dedication.
