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Oct 31, 2017 15:52 EEST
SOFIA (Bulgaria), October 31 (SeeNews) – Bulgaria's Central Cooperative Bank [BUL:4CF] said its non-consolidated net profit fell to 27.7 million levs ($16.5 million/14.1 million euro) in the first nine months of 2017 from 30.1 million levs in the prior-year period.
The lender's net interest income rose to 90.4 million levs in January-September from 81.6 million levs a year earlier, Central Cooperative Bank said in an interim financial statement on Monday.
The lender's net fee and commission income edged up to 33.0 million levs in the review period from 32.5 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 16.1 million levs in the same period of 2016.
Central Cooperative Bank's total assets rose to 5.21 billion levs at end-September from 4.97 million levs at end-2016.
Central Cooperative Bank was the eighth largest lender in Bulgaria in terms of assets as at end-August, according to data of Bulgaria's central bank.
As at 1325 CET on Tuesday, Central Cooperative Bank shares traded 4.48% higher at 1.797 levs.
(1 euro=1.95583 levs)
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