Record financial results and accomplishments are reported in a statement by DIAS, the National Interbank Clearing House (ACH), following the Annual General Meeting of Shareholders held today, Thursday.
According to the announcement, the Entity recorded double-digit growth in invoiced transactions, transaction value and net income for the third consecutive year.
Noteworthy is the dividend distribution amount of €6.92 per share for fiscal year 2023, which represents 81% of the company's net profit for 2023. This dividend is nearly twice as large as the average regular dividend paid over the previous 22 years and represents the largest payout made by DIAS since it began paying dividends in 2002.
As highlighted, in the last three years, DIAS achieved a cumulative increase of 43.4% in invoiced transactions, 47.6% in revenue, and 235.1% in net income (EAT) compared to 2020. In addition, it achieved 100% uptime of its payment system for the first time in its 35-year history, reaffirming its commitment to reliability and excellence.
The value of transactions settled by DIAS during the economic crisis period (2009–2020) grew at a compound annual growth rate (CAGR) of 3.2%.
However, during the period 2021–2023, DIAS achieved an impressive CAGR of 15%. This growth is close to the impressive CAGR of card transactions in Greece, rising to 14.3% during the financial crisis and 19% over the next three years (COVID-19 pandemic period). This comparison underlines the strong growth of DIAS and its contribution to the e-payments sector in Greece.
DIAS processed 406 million transactions, worth €450 billion in 2023. Instant Payments (IP) will remain the company's fastest-growing product in 2024, with nearly 60% of interbank fund transfers executed instantly. The share of IP already stands at 17% of all credit transfers, approaching the European average, compared to a share of 2% in 2020. IRIS payments (IRIS P2P and IRIS P2B) are leading the way, accounting for 68% of Direct Payments, with 80 times more transactions in January–May 2024 compared to the same five-month period in 2020.
