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, for more reference take a look at
Top 100 banks