SKOPJE (Macedonia), August 17 (SeeNews) – Macedonian blue-chip commercial bank Stopanska Banka AD Bitola said its pre-tax profit fell by 29.7% on the year to 75.308 million denars ($1.7 million/1.2 million euro) in the first half of 2009.
Following are figures from Stopanska Banka-Bitola's income statement, sent to the Macedonian Stock Exchange, where it is listed (in millions of denars):
|
|
H1'09 |
H1'08 |
| PRE-TAX PROFIT |
75.308 |
107.177 |
| OPERATING PROFIT |
75.308 |
107.177 |
| NET FEE AND COMMISSION INCOME |
18.797 |
38.956 |
| NET INTEREST INCOME |
149.074 |
142.641 |
Stopanska Banka-Bitola is a component of the bourse's blue-chip index MBI. Its shares were trading at 3,200 denars by 1300 GMT on Monday, slightly up from Friday's close of 3,199.74 denars.
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=60.5958 Macedonian denars)
Stopanska Banka AD Skopje is among the biggest banks in SEE. You can download our SEE Top 100 ranking
here or subscribe to our free Top 100 newsletter
here