"We have the wind in all our sails. The bank updated its guidance to show that net interest income increased 25% year-on year to 370million euros. It expects this figure to rise by 40% to 50%, or 520 million to 575 million euros. Last year, the bank's recurring returns on tangible equity (ROTE), was 11.3%. The bank exited Russia and Eastern European markets. It also reduced non-performing exposures (NPEs), by restructuring and selling bad debt. "This is a new chapter in the bank's history. Nicolaou stated that we had a high-NPE stigma against us, but it is now an entirely different situation. "We have transformed this bank."