Core Insights - Inbank achieved a consolidated net profit of €19.2 million in 2025, marking a 57% increase year-on-year, with a return on equity (ROE) of 12.3% for the full year [1][6] - The fourth quarter of 2025 saw a net profit of €6.1 million, a staggering 339% increase year-on-year, with an ROE of 14.7% [1][4] Financial Performance - Total net income for 2025 reached €85.1 million, a 13% increase from the previous year, while operating expenses remained stable at €46.3 million [6] - The cost-income ratio improved to 54.4% in 2025 [6] - Inbank's originated volume grew by 10% year-on-year to a record €770 million, driven by strong performance in Central and Eastern Europe [6] Segment Performance - Merchant solutions, the largest segment, reached €272 million in originated volume, a 7% increase year-on-year, primarily due to strong demand for Buy Now, Pay Later services [6] - Green financing was the strongest growth contributor, increasing 65% to €146 million, supported by demand in Poland [6] - Direct lending increased by 33% to €119 million, while car financing declined by 15% to €178 million due to the introduction of Estonia's car tax [6] Asset and Liability Management - By year-end 2025, Inbank's loan and rental portfolio grew 11% year-on-year to €1.28 billion, and customer deposits also increased by 11% to €1.3 billion [6] - Total assets reached €1.58 billion at the end of 2025 [7][9] - The total capital ratio stood at 18.81% and the CET1 ratio at 14.13% as of December 31, 2025 [6] Customer and Market Position - Inbank had 900,000 active customer contracts and over 6,000 active retail merchants by the end of 2025 [6][9] - The fourth quarter results were positively impacted by a one-off tax effect in Poland and a low comparison base from the previous year [4][6]

Core Viewpoint - ADNOC has secured Dh7.34bn ($2bn) in green financing from Korea Trade Insurance Corporation (K-SURE) to support lower-carbon projects within its operations [1][4]. Group 1: Financing Details - The financing is structured under ADNOC's sustainable finance framework and aims to fund projects that comply with international sustainable finance market standards [2]. - This green financing follows a previous Dh11bn transaction with the Japan Bank for International Cooperation, bringing ADNOC's total green funding to Dh18.35bn over the past 18 months [3]. - First Abu Dhabi Bank is the green loan coordinator, while Santander is the export credit agency coordinator for this transaction [3]. Group 2: Strategic Goals - ADNOC aims to reduce its operational carbon emissions intensity by 25% by 2030 and is investing Dh84.4bn to decarbonize its operations and expand into new energy sectors such as hydrogen, geothermal, and renewables [4]. - The financing reflects ADNOC's commitment to transforming energy systems while maintaining strong capital discipline and enhancing economic ties with South Korea [4]. Group 3: Project Context - The current green financing is part of a broader structured financing agreement for up to Dh40.4bn for the Hail and Ghasha gas development project, which will monetize future midstream gas production [5].

Core Insights - The European Bank for Reconstruction and Development (EBRD) has initiated a financial package of up to €10 million ($11.6 million) for Tirana Bank to enhance its trade operations, marking the first partnership between EBRD and Tirana Bank [1] Financial Package Details - The financial package includes a €5 million senior loan under the SME Reboot Programme aimed at supporting green investments in Albania's micro, small, and medium-sized enterprises (MSMEs) [2] - Local MSMEs can receive cashback of up to 10% of the loan amount to facilitate green investments, supported by contributions from Norway, Luxembourg, Switzerland, and the US through the EBRD's Small Business Impact Fund, with additional backing from Denmark [2] - Tirana Bank will also receive up to €5 million under the EBRD's Trade Facilitation Programme (TFP) to support trade among EBRD-operating countries, including guarantee provisions to international confirming banks to mitigate transaction risks [3] Strategic Importance - EBRD's managing director for Central and South-Eastern Europe emphasized that this collaboration is crucial for promoting sustainable growth, enhancing regional competitiveness, and assisting local businesses in aligning with international standards [4] - The combination of financial tools and technical assistance is expected to unlock new opportunities for innovation and resilience in Albania's private sector [4] EBRD's Historical Context - EBRD has been active in Albania for over three decades, with investments exceeding €2.3 billion across various sectors [5] - Tirana Bank, established in 1996 as Albania's first private bank, provides financial services to both individual and corporate clients [4]