September 20 (SeeNews) - The combined net profit of the banking sector in Bosnia's Federation rose to 150.7 million marka ($90.2 million/77 million euro) in the first half of 2021, compared with 105.5 million marka in the same period a year earlier, the entity's banking agency said.
The total revenue of the banks operating in Bosnia's Federation increased by 3.7% year-on-year in the six months through July, to 599 million marka, whereas total expenses came in at 447.3 million marka, down 5.3% on the year, the Banking Agency of Bosnia's Federation said in a report last week.
Net interest income fell to 345.4 million marka in the January-June period from 349.6 million marka in the first half of 2020.
Total loans amounted to 16.1 billion marka at the end of June, up 5.3% from the end of December. Non-performing loans (NPLs) fell to 969.9 million marka in the first half, some 1.4% lower from the end of 2020.
Deposits totalled 20.2 billion marka, up 2.7% compared with the end of 2020.
The total assets of the Federation's 15 banks rose to 25 billion marka at the end of the first half, up 2.5% from the end of 2020.
The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The other entity is the Serb Republic.
(1 euro = 1.95583 marka)