Eurobank to boost mortgage sales in 2015

Commercial lender Eurobank, a unit of French Societe Generale, is set to increase mortgage loans and cash loans sales by 10 percent in 2015. The bank also plans to win 10 percent more retail clients than in 2014, Arnaud Denis, CEO of Eurobank told ISBNews. The number of Eurobank's customers increased by 100,000 in 2014 and reached more than 1 million. As many as 290,000 clients were using online banking, an increase of 80,000 compared with 2013. The sales value of mortgage loans exceeded PLN 1 billion in 2014, an increase of 25 percent year-on-year. In 2014, the bank reported net profits of PLN 235 million, which means it rose by 35 percent compared with 2013.