November 4 (SeeNews) - Macedonia's Stater Banka AD Kumanovo said on Wednesday its pre-tax loss narrowed 64.7% on the year to 8.33 million denars ($198,489/134,450 euro) in the first nine months of 2009.
Following are data from Stater 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 |
PRE-TAX LOSS |
8.33 |
23.59 |
OPERATING LOSS |
8.33 |
23.59 |
NET FEES AND PROVISION REVENUE |
21.53 |
9.45 |
NET INTEREST REVENUE |
64.62 |
40.56 |
The bank's shares were quoted flat at 800 denars by 1415 GMT on Wednesday.
Icelandic diversified holding company Milestone Group owns a 90.98% stake in Stater Banka, formerly Komercijalno-Investiciona Banka (KIB) - Kumanovo. The bank, based in the northeastern city of Kumanovo, was renamed last July.
(1 euro=61.9559 Macedonian denars)