MuniFin Group's Performance in the First Half of 2026

MuniFin Group released its Half Year report covering the period from January to June 2026. The Group maintained a steady net interest income of EUR 122 million, a slight decrease from EUR 124 million the previous year. However, net operating profit excluding unrealised fair value changes dropped by 19.9% to EUR 63 million, attributed to increased guarantee fees to the Municipal Guarantee Board. Despite this, overall net operating profit was EUR 79 million.

The Group's leverage ratio remained robust at 12.1%, with a CET1 capital ratio of 87.6%, well above the required minimum. Long-term customer financing grew by 1.6%, reaching EUR 39,110 million. Sustainable finance rose by 7.3%, with a notable increase in green financing to EUR 9,986 million.

New long-term funding decreased by 20.6% to EUR 5,836 million. Yet, liquidity remained strong, with total liquidity at EUR 13,019 million, and a Liquidity Coverage Ratio of 249%.