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Croatia’s Zagrebacka Banka Cons Unaudited Jan-Sept Net Profit Falls 9.6% to 1.296 Bln Kuna (179 Mln Euro)

Nov 2, 2009, 2:49:08 PMArticle by Kire Nedelkovski
share
ZAGREB (Croatia), November 2 (SeeNews) – Croatia’s largest bank by assets, Zagrebacka Banka (ZABA), reported a nine-month consolidated unaudited net profit of 1.296 billion kuna ($265 million/179 million euro), down from 1.433 billion kuna a year earlier.

Croatia’s Zagrebacka Banka Cons Unaudited Jan-Sept Net Profit Falls 9.6% to 1.296 Bln Kuna (179 Mln Euro)

The lender issued the following details:

(in millions of kuna) Jan-Sept 2009 Jan-Sept 2008
Net profit 1,296 1,433
Pre-tax profit 1,598 1,763
Net interest income 2,148 2,235
Net income from commissions and fees 811.2 861.2

Zaba's ordinary shares, part of the 24-share Crobex index of the Zagreb bourse, were traded at 260.40 kuna by 1112 GMT on Monday, 3.49% down from its previous close.

(1 euro=7.23 Croatian kuna)

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