October 31 (SeeNews) - Croatia's Zagrebacka Banka (ZABA) [ZSE:ZABA], part of Italy's UniCredit Group, said on Thursday its consolidated net profit fell 12.4% on the year to 1.568 billion kuna ($235.0 million/210.3 million euro) in the first nine months of 2019.
The bank's net interest income rose 1.9% year-on-year to 2.607 billion kuna in the period under review, while net fee and commission income edged down 0.1% to 1.057 billion kuna, Zagrebacka Banka said in an interim financial statement filed with the Zagreb Stock Exchange (ZSE).
ZABA's operating income dropped 12.4% on the year to 1.850 billion kuna in the first nine months of 2019, while operating revenue gained 3.7% to 4.309 billion kuna.
Zagrebacka Banka's shares traded at 60 kuna by 1111 CET on Thursday on ZSE, down 0.83% from Wednesday's close.
(1 euro = 7.43018 kuna)
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