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Kosovo Banks' End-June Loan Portfolio Rises 17.5% Y/Y to 1.28 Bln Euro – Table

Sep 28, 2009, 12:48:44 PMArticle by Plamena Stoyanova
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September 28 (SeeNews) - The loan portfolio of commercial banks in Kosovo reached 1.28 billion euro ($1.87 billion) at the end of June, up by 17.5% from a year earlier, Kosovo’s central bank said on Monday.

Kosovo Banks' End-June Loan Portfolio Rises 17.5% Y/Y to 1.28 Bln Euro – Table

At the end of 2008, the banks' loan portfolio totalled 1.183 billion euro, up by 33% from the end of 2007.

Deposits in Kosovo banks totalled 1.5 billion euro at the end of June, up by 19.5% from a year earlier, the bank said in its monthly report.

Details follow (in millions of euro):

End-June'09 End-June'08 End-Dec'08
Total loans 1,280.9 1,089.7 1,183.4
- to households 311.2 238.6 281.0
- to non financial corporations 968.6 851.1 901.8
Total deposits 1,513.0 1,264.4 1,444.1
- of households 903.0 749.2 842.9
- of non financial corporations 478.8 403.4 491.3
Total income 102.0 92.7 195.0
- interest income 79.9 72.4 155.7
Net profit 12.0 23.5 36.4
Total assets 1,927.1 1,599.6 1,808.

Nine commercial banks operate in Kosovo with ProCredit Bank Kosovo and the local unit of Raiffeisen Bank having the biggest market shares in term of assets.

($=0.6833 euro)

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