SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Bosnia's Nova Banka net profit rises 35% y/y in Q1

May 2, 2024, 10:11:01 AMArticle by Dragana Petrushevska
share
May 2 (SeeNews) - Bosnia and Herzegovina's Nova Banka [BANJ:NOVB-R-E] said its net profit reached 17.9 million marka ($9.8 million/9.2 million euro) in the first quarter of 2024, up 35% year-on-year.

Bosnia's Nova Banka net profit rises 35% y/y in Q1
Ken Teegardin/CC BY-SA 2.0

The lender's net interest income rose by 23% on the year to 24.6 million marka in the January-March period, while the net income from fees and commissions increased by 8.1% to 8.9 million marka, Nova Banka said in a filing with the Banja Luka Stock Exchange (BLSE) earlier this week.

The bank's total assets amounted to 3.6 billion marka at the end of March, up from 3.4 billion marka at the end of 2023.

Nova Banka's shares have not traded on the BLSE in the past year.

(1 euro = 1.956 marka)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.