BANJA LUKA (Bosnia and Herzegovina), March 24 (SeeNews) – Bosnia's Sberbank BH, a unit of Austria-based Sberbank Europe, said on Friday its 2016 net profit increased to 8.2 million marka ($4.5 million/4.2 million euro), from 6.2 million marka a year earlier.
Net interest income rose 7.6% on the year to 37.5 million marka last year, while net fee and commission income jumped to 21 million marka from 16.2 million marka, Sberbank BH said in an income statement.
The bank's net assets totalled 1.3 billion marka at the end of December.
Sberbank BH is based in Sarajevo, in the Federation - one of the two autonomous entities that make up Bosnia.
Sberbank Europe operates another unit - Sberbank a.d. Banja Luka - in the country's other autonomous entity, the Serb Republic.
(1 euro=1.95583 Bosnian marka)