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Dec 04, 2017 12:27 EEST
December 4 (SeeNews) - Bulgaria's Central Cooperative Bank [BUL:4CF] said its consolidated net profit fell to 25.3 million levs ($15.3 million/12.9 million euro) in the first nine months of 2017 from 27.6 million levs in the prior-year period.
The lender's net interest income rose to 97.2 million levs in January-September from 88.8 million levs a year earlier, Central Cooperative Bank said in an interim financial statement last week.
Net fee and commission income increased to 36.1 million levs in the review period from 35.0 million levs the year before.
Net profit from transactions with securities plunged to 3.4 million levs in the first nine months of 2017 from 16.2 million levs in the same period of 2016.
Total consolidated assets rose to 5.26 billion levs at end-September from 5.19 billion levs at end-2016.
Central Cooperative Bank was the eighth largest lender in Bulgaria in terms of assets as at end-October, according to data of Bulgaria's central bank.
(1 euro=1.95583 levs)
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