November 5 (SeeNews) - Bosnia's NLB Razvojna Banka, controlled by Slovenia's largest banking group, NLB, reported a 40% drop in its nine-month pre-tax profit to 7.62 million marka ($5.74 million/3.89 million euro).
Following are details from NLB Razvojna Banka’s January-September financial report filed earlier this week to the Banja Luka Stock Exchange (BLSE), where the bank is listed (in millions of Bosnian marka)
|
Jan-Sept'09 |
Jan-Sept'08 |
PRE-TAX PROFIT |
7.62 |
12.51 |
OPERATING REVENUE |
17.67 |
17.31 |
OPERATING COSTS |
19.05 |
21.09 |
The bank's assets totalled 1.161 billion marka at the end of September, down from 1.246 billion marka at the end of 2008.
NLB Razvojna Banka was formed after NLB merged two of its four banks in Bosnia, LHB Banka and Razvojna Banka Jugoistocne Evrope, in April 2006.
NLB Razvojna Banka (www.razvojnabanka.com) is based in Banja Luka, the administrative centre of the Serb Republic, which together with the Muslim-Croat Federation forms post-war Bosnia.
(1 euro = 1.95583 Bosnian marka)