Infinity Capital Investments in 2023 registered net profit worth RON67.6 million, 329% higher than the budgeted value, mainly on the consistent dividends cashed in from OMV Petrom (RON48.65 million) and Banca Transilvania (RON31.39 million).
Against 2022, net profit shrank by 58%.
“The reforms to the regulatory framework will require additional capital and effort from banks in coming years, and charging could affect the efficiency of their implementation. In this context, the probability that the executive bodies of the credit institutions in the portfolio of Infinity Capital Investments S.A. should be considered not to propose to the approval of the General Meetings of Shareholders the distribution of dividends related to the future financial years. The materialization of this hypothesis may cause a significant decrease in the income that Infinity Capital Investments S.A. expects to collect them in the form of dividend income”.
The proposal will be discussed in the General Meeting of Shareholders convened for April 29.
(English version by Catalina Apostoiu)