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Advanzia Bank S.A. continued its success from 2009 and posted a record after tax result of 2,6 million euro in the first half of 2010. The net loan balance increased by 12% to 183 million euro. Marc Hentgen, CEO of Advanzia Bank, points out that the result in the first six months of the year exceeds the entire result for 2009: “We are highly pleased to see that we are able to combine growth in both, profitability as well as in the client base. This confirms our operating model, which is based on running efficient operations and offering attractive products to the public.” During the period the bank acquired close to 32.000 new credit card clients. Advanzia Bank is specialised in two products which concentrate on attractive features customers: a no fee MasterCard Gold credit card for...
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