SARAJEVO (Bosnia and Herzegovina), March 16 (SeeNews) – Bosnia’s MF Banka [BANJ:IEFB] said its net profit rose 14% to 5.95 million marka ($3.4 million/3.0 million euro) in 2019.
Net interest income increased by 6.1% to 21 million marka in 2019, while net fee and commission income gained 14.6% to 6.6 million marka, MF Banka said in a statement filed with the Banja Luka Stock Exchange on Friday.
The bank's total net assets rose to almost 530 million marka at the end of December from some 445 million marka at end-2018.
Bosnian microfinance company Mikrofin has a 79.19% stake in MF Banka, Dutch development bank FMO controls 11.57% and Germany's KfW owns 9.24%, bourse data showed.
The company's shares last traded on May 6, 2016, closing flat at 64 marka.
(1 euro = 1.95583 marka)