Impressive Growth and Dividend for Karditsa Bank Shareholders

Published on August 9, 2022

The General Assembly of GABV member Cooperative Bank of Karditsa, in the presence of a large number of Bank' members, presented the healthy organic growth and the Bank's impressive results for 2021. 

President of Karditsa Bank, Boukis Georgios stated: "2021 was a really difficult year for the Global and Greek Economy, but our bank found a way to grow even more. This consistency and impressive results have won us over in the minds of our customers and thousands of members, for whom this year is the time to do justice. For this reason, the Board of Directors recommended to the General Assembly the disruption of a dividend of €2 per cooperative share, which means a dividend yield of 3.45%. The remainder of the operating profits will be incorporated as a surplus value in the cooperative share, the price of which grew from €58.02 to €64.18 in 2020. 

The total return on the cooperative shares of Karditsa Bank amounts to an impressive 14.07%, a return that is much more than any investment with a fixed return. 

Karditsa Bank is a stable pillar of development for our region and is a model of operation, consistency, and reliability for its members and partners. 

Read the full article here. 

Courtesy of Karditsa Bank. 

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