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Macedonia's Komercijalna Banka 2014 cons net profit rises 19.5%

Macedonia's Komercijalna Banka 2014 cons net profit rises 19.5% cozyta/Shutterstock.com

SKOPJE (Macedonia), January 29 (SeeNews) - Macedonia's Komercijalna Banka [MSE:KMB] said on Thursday its consolidated net profit rose to 97.85 million denars ($1.8 million/1.6 million euro) in 2014 from 81.88 million denars a year ago.

Net interest income fell 4.7% on the year to 2.8 billion denars in 2014, while net fee and commission income rose 2.6% at 918.8 million denars, Komercijalna Banka said in its consolidated financial statement filed with the Macedonian Stock Exchange .

The bank consolidated assets rose to 92.77 billion denars at the end of 2014 from 86.83 billion denars a year earlier.

Skopje-based Komercijalna Banka is the largest Macedonian bank in terms of assets. It is a component of the bourse's blue-chip MBI-10 index.

(1 euro = 61.6511 Macedonian denars)

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