Austrian Hypo Alpe-Adria-Bank's Serbian Unit Turns to 14.3 Mln Euro 9-Mo Net Profit from 5.8 Mln Euro Net Loss Yr-Ago – Table

BELGRADE (Serbia), October 30 (SeeNews) – Austria’s Hypo Alpe-Adria-Bank’s Serbian Unit turned to a net profit of 1.103 billion dinars ($20.6 million/14.3 million euro) in the first nine months from a net loss of 447 million dinars a year earlier, the Serbian central bank said late on Monday.

Hypo Alpe-Adria-Bank ranked the third biggest in Serbia in terms of assets at the end of September with total assets of 130.5 billion dinars. The two biggest banks in Serbia are the local units Italy’s Banca Intesa and Austria’s Raiffeisenbank.

Details of Hypo Alpe-Adria-Bank’s profit and loss account follow (in billions of dinars):

(1 euro=77.0547 dinars)