First three quarters of 2023 was largely determined by its wind-up mission

The EAA’s economic situation in the first three quarters of 2023 was largely determined by its wind-up mission. The notional volume of the banking book fell 10.9% to EUR 7.0 billion. The notional volume of the trading portfolio declined by 7.2% to EUR 52.5 billion during the same period. The results after taxes of EUR -3.4 million are characterised in particular by general  administrative expenses of EUR 75.4 million and the net fee and commission result of EUR -15.0 million. This is mainly offset by the results from financial assets and shareholdings and the income from the reversal of loan loss provisions, which together account for EUR 53.1 million, the net interest result of EUR 24.8 million, the positive balance of other expenses and income of EUR 8.8 million and the net trading result of EUR 0.8 million.