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Bosnia's Nova Banka grows 9-mo net profit 26.8% y/y

Nov 2, 2023, 2:40:36 PMArticle by Dragana Petrushevska
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November 2 (SeeNews) - Bosnia's Nova Banka [BANJ:NOVB-R-E] said on Thursday its net profit increased by 26.8% year-on-year in the first nine months of 2023, to 38.3 million marka ($20.9 million/19.6 million euro).

Bosnia's Nova Banka grows 9-mo net profit 26.8% y/y
Ministry of Economy/All rights reserved.

The lender's net interest income rose by 26.9% on the year to 65.8 million marka in the January-September period, while the net income from fees and commissions increased by 29.9% to nearly 26 million marka, Nova Banka said in a filing with the Banja Luka Stock Exchange (BLSE).

The bank's total assets amounted to 3.33 billion marka at the end of September, slightly up from 2.27 billion marka at the end of 2022.

Nova Banka's shares did not trade on the Banja Luka bourse in the past year.

(1 euro = 1.95583 marka)

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