SARAJEVO (Bosnia and Herzegovina), March 24 (SeeNews) – Bosnia’s Ziraat Bank BH dd Sarajevo [SAJ:TRZBR], a unit of Turkey’s Ziraat Bankasi, said on Tuesday its net profit halved to 1.9 million marka ($1.1 million/970,000 euro) in 2014 from 3.8 million marka a year earlier.
The bank’s net interest income declined 21% to about 13 million marka in 2014, while net fee and commission income dropped to 5.3 million marka from 6.2 million marka a year earlier, Ziraat Bank BH said in a filing with the Sarajevo Stock Exchange.
The bank’s net assets totalled 546.4 million marka at the end of December.
(1 euro=1.95583 Bosnian marka)