PRISTINA (Kosovo), May 29 (SeeNews) – The combined net profit of Kosovo's banks decreased to 23.2 million euro ($27 million) at the end of April, from 29.7 million euro in the same month of 2017, central bank data shows.
The banking sector's outstanding loan portfolio expanded 10.3% year-on-year to 2.57 billion euro in April, according to figures published on the central bank's website on Monday.
Deposits in Kosovo's banks increased by 5.1% on the year to 3.06 billion euro in April.
The Kosovo banking system's total assets grew to 3.86 billion euro as of the end of April from 3.68 billion euro a year earlier.
Return on assets (ROA) decreased to 2% at the end of April, from 2.4% a year earlier. Return on equity also fell - to 15.9% from 20.3% at the end of April 2017.
The figures comprise the financial results of 10 Kosovo banks. The largest by assets among them are Raiffeisen Bank Kosovo and ProCredit Bank.
($ = 0.85797 euro)
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