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Addiko Bank Serbia's 9-mo profit declines - table

Author Radomir Ralev
Addiko Bank Serbia's 9-mo profit declines - table Source:

BELGRADE (Serbia), December 3 (SeeNews) – The Serbian unit of Austrian-based Addiko Bank said it recorded a net profit of 544.2 million dinars ($5.1 million/4.6 million euro) in the first nine months of 2019, down from 1.3 billion dinars in the like period of last year.

Addiko Bank Srbija's interest income amounted to 2.7 billion dinars, up 14.5%, while net fee and commission income grew 11.2% to 914.4 million dinars, according to the lender's interim unaudited financial statement for the first nine months of 2019 posted on its corporate website.

The loan portfolio of Addiko Bank Srbija amounted to 70.1 billion dinars, while deposits totalled 72.9 billion dinars at the end of September.

Following are details on Addiko Bank Srbija's performance (in billions of dinars):

  9-mo'19 9-mo'18
Loans 70.076 75.444
Deposits 72.887 73.379
Net fee and commission income 1.016 0.914
Net interest income 2.676 2.337
Net profit 0.544 1.347

(1 euro = 117.495 dinars)