BELGRADE (Serbia), May 21 (SeeNews) – The Serbian unit of Austrian-based Addiko Bank said it recorded a net profit of 272.9 million dinars ($2.6 million/2.3 million euro) in the first quarter of 2020, down from 358.5 million dinars in the like period of last year.
Addiko Bank Srbija's interest income amounted to 878.6 million dinars, up 0.2%, while net fee and commission income declined 1.1% to 310.7 million dinars, according to the lender's interim unaudited financial statement for the first three months of 2020 posted on its corporate website.
The loan portfolio of Addiko Bank Srbija amounted to 68.1 billion dinars, while deposits totalled 64.5 billion dinars at the end of March.
Following are details on Addiko Bank Srbija's performance (in millions of dinars unless otherwise stated):
|
Q1'20 |
Q1'19 |
Loans |
68.146 |
74.134 |
Deposits |
64.548 |
67.457 |
Net fee and commission income |
310.7 |
314.2 |
Net interest income |
878.6 |
876.9 |
Net profit |
272.9 |
358.5 |
(1 euro = 117.583 dinars)