Platinum Bank presents 2009 Consolidated IFRS Results

Platinum Bank ended the financial year 2009 with a consolidated net profit of $8.7 million as compared to consolidated net loss for the year 2008 of -$4.9 million. At the end of 2009, Capital Adequacy Ratio (CAR) stood at 45.5% and Return on Equity (ROE) reached 9%. Total cost to income ratio in 2009 declined to 47%.

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