October 28 (SeeNews) - Macedonia's largest commercial bank, Komercijalna Banka AD Skopje, said on Wednesday its preliminary operating profit fell to 711.1 million denars ($17.2 million/11.7 million euro) in the first nine months of 2009, 49.6% down from a year ago.
Following are details from Komercijalna Banka's income statement sent to the Macedonian Stock Exchange (MSE) where it is listed (in millions of denars):
|
|
Jan-Sept'09 |
Jan-Sept'08 |
| NET PROFIT |
n/a |
1,271 |
| PRE-TAX PROFIT |
n/a |
1,410 |
| OPERATING PROFIT |
711.1 |
1,410 |
| NET FEE AND COMMISSION REVENUE |
526.7 |
717.7 |
| NET INTEREST REVENUE |
1,582 |
1,481 |
Komercijalna Banka, among the 10 most liquid shares of the MSE blue-chip index, closed at 3,380 denars on Wednesday, 2.0% down from Tuesday’s close.
Skopje-based Komercijalna (www.kb.com.mk ) is the largest Macedonian bank in terms of assets. It is the only large Macedonian bank that is not majority foreign-owned. The European Bank for Reconstruction and Development is the bank's only foreign-based shareholder with a 5.98% stake.
(1 euro=60.7809 Macedonian denars)
Komercijalna Banka AD Skopje is among the biggest banks in SEE, for more reference take a look at
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