October 31 (SeeNews) - Croatian lender Privredna Banka Zagreb (PBZ) [ZSE:PBZ-R-A] said on Thursday its consolidated net profit increased 8.5% on the year to 1.3 billion kuna ($195.6 million/175.6 million euro) in the first nine months of 2019.
PBZ's consolidated net interest income dropped 3% year-on-year to 2.3 billion kuna in the nine months ended September 30, while net income from fees and commissions increased 1.2% to 1.2 billion kuna, the bank said in a filing to the Zagreb Stock Exchange (ZSE)
PBZ Group is part of Italian banking group Intesa Sanpaolo.
Shares of Privredna Banka Zagreb last traded on October 24 on the ZSE at 835 kuna, up 5.03%.
(1 euro = 7.45484 kuna)
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