Kosovo banks' net profit rises 8% y/y in Q1

The outstanding loan portfolio of Kosovo's banks totalled 5.1 billion euro at the end of March, up 13% year-on-year, the central bank said in a monthly data release.

Deposits with Kosovo's banks rose by 9% at the year in March, reaching 6.05 billion euro.

The total assets of Kosovo's banking system increased by 11% on the year to 7.496 billion euro as at the end of March.

The figures comprise the financial results of eleven banks. Raiffeisen Bank Kosovo and NLB Banka were the largest among them in terms of assets by the end of the fourth quarter, according to Kosovo’s banking association.

($ = 0.935 euro)