SKOPJE (Macedonia), November 2 (SeeNews) – Macedonian blue-chip commercial bank Stopanska Banka AD Bitola said on Monday its pre-tax profit fell by 62.3% on the year to 61.8 million denars ($1.5 million/1.0 million euro) in the first nine months of 2009.
Following are figures from Stopanska Banka-Bitola's income statement, sent to the Macedonian Stock Exchange, where ths bank is listed (in millions of denars):
|
Jan-Sept'09 |
Jan-Sept'08 |
PRE-TAX PROFIT |
61.794 |
163.813 |
OPERATING PROFIT |
61.794 |
163.813 |
NET FEE AND COMMISSION INCOME |
32.781 |
42.739 |
NET INTEREST INCOME |
226.342 |
221.589 |
Stopanska Banka-Bitola is a component of the bourse's blue-chip index MBI. Its shares closed at 4,350 denars on Friday, 1.1% down from a day earlier. The bank’s stocks did not trade by 0945 GMT on Monday.
Stopanska Banka-Bitola, based in the southwestern town of Bitola, is one of the small locally-owned banks in the southeast European country of two million people, unlike Greek-owned Stopanska Banka Skopje, which is the third-largest bank by assets in Macedonia.
Macedonian farming company ZK Pelagonija Bitola owns 22.37% of Stopanska Banka Bitola and the country's sole cooking oil plant Blagoj Gjorev owns 11.9%. A stake of 8.31% is held by Pivara Skopje, the Macedonian arm of Brewinvest, which is a joint venture between the Greek subsidiaries of Coca-Cola and Heineken.
(1 euro=61.5369 Macedonian denars)