SaarLB with increased loan portfolio in the first half of the year and strong municipal customer business, con-tinued intensive focus on Franco-German orientation and positioning.<\/p>\n\n
Saarbr\u00fccken, <\/strong>22. September 2023:<\/strong> In the first half of the financial year, we again achieved a good overall business result<\/strong> and continued our positive trend<\/strong> despite challenging general circumstances. In addition to the figures, we were also able to make more important marks for the future of the Bank.<\/p>\n\n Despite modest growth in new business compared to the previous year, we managed to increase<\/strong> our customer loan portfolio<\/strong> to EUR 13.6 billion<\/strong>.<\/p>\n\n We also increased<\/strong> our operating income<\/strong>, the result of the Bank\u2019s ordinary business activities, to EUR 79.4 million<\/strong>, up EUR 3.9 million<\/strong> in comparison to 2022.<\/p>\n\n In addition to the pleasing business figures, which are also detailed in our Annual Report<\/strong>, we have initiated a number of other forward-looking themes for our Bank since the beginning of the year.
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\nWe launched our Franco-German \u201cBankWesen\u201d campaign<\/strong> internally at the beginning of the year and have now extended it externally to strengthen the employer brand<\/strong> and increase brand awareness<\/strong> at all German and French locations and beyond.<\/p>\n\n \u201cWith our new \u2018BankWesen\u2019 campaign, it is important for us to sharpen and systematically promote perception within our target groups and to rejuvenate the brand. The first successful results show that we are on the right track,\u201d<\/em> said Dr Thomas Bretzger, Chairman of the Board of Management.<\/strong><\/p>\n\n In addition to the campaign, we also designed and presented our \u201cperspective2025\u201d initiative<\/strong> to our employees in the first half of the year.
\n\u201cWith this initiative, we are setting the course for a successful future for SaarLB at an early stage. In four thematic modules, our project teams are working on topics that will make our bank fit for the future,\u201d<\/em> said the members of SaarLB\u2019s Board of Management.<\/strong><\/p>\n\n LBS Landesbausparkasse Saar<\/strong> still expects to achieve its targets in 2023, despite substantial changes in the market environment on account of the rise in interest rates. In particular, the positive development in the number of new home loan and savings contracts<\/strong> is expected to exceed the total for all of 2022 (EUR 25 million) with already more than 1,000 contracts<\/strong> and a volume of around EUR 32.5 million as of 30 June 2023.<\/p>\n\n Important figures from us at a glance<\/strong><\/p>\n\n Operating income<\/strong><\/p>\n\n Administrative expenses<\/strong><\/p>\n\n Cost-income ratio (CIR)<\/strong><\/p>\n\n Result<\/strong><\/p>\n\n Common equity tier 1 (CET1 ratio)<\/strong><\/p>\n\n <\/p>\n\n Note: <\/strong>Rounding differences are neglected.<\/p>\n\nJune 2022<\/td> June 2023<\/td> Change<\/td><\/tr> EUR 75.5 million<\/td> EUR 79.4 million<\/td> EUR 3.9 million<\/td> + 5.2 %<\/td><\/tr><\/tbody><\/table><\/figure>\n\n June 2022<\/td> June 2023<\/td> Change<\/td><\/tr> EUR 50,0 million<\/td> EUR 51.1 million<\/td> EUR 1.0 million<\/td> + 2,2 %<\/td><\/tr><\/tbody><\/table><\/figure>\n\n June 2022<\/td> June 2023<\/td> Change<\/td><\/tr> 66,3 %.<\/td> 64,3 %<\/td> -2 percentage points<\/td><\/tr><\/tbody><\/table><\/figure>\n\n \u00a0<\/strong><\/td> June 2022<\/td> June 2023<\/td> Change<\/td><\/tr> Before taxes<\/td> EUR 16,1 million<\/td> EUR 20.2 million<\/td> EUR 4,1 million<\/td> + 25,5 %<\/td><\/tr> After taxes<\/td> EUR 9,3 million<\/td> EUR 12,9 million<\/td> EUR 3,6 million<\/td> + 38,7 %<\/td><\/tr><\/tbody><\/table><\/figure>\n\n June 2022<\/td> June 2023<\/td> Change<\/td><\/tr> 13,4\u00a0%<\/td> 13,3\u00a0%<\/td> -0.1 percentage points<\/td><\/tr><\/tbody><\/table><\/figure>\n\n