January 27 (SeeNews) - North Macedonia's largest lender, Komercijalna Banka [MSE:KMB], said its net profit fell 7.2% year-on-year to 2.2 billion denars in 2022 ($38.4 million/35.3 million euro) in 2022.
Komercijalna Banka's net financial impairment losses rose to 994 million denars last year, compared with 934.6 million denars reported for 2021, the bank said in an annual financial statement filed with the stock exchange in Skopje on Thursday.
Net interest income rose to 3.1 billion denars, from 2.5 billion denars, while net fee and commission income added 7% to 1.1 billion denars.
Loans and advances to customers other than banks grew to 59.9 billion denars at the end of 2022, compared with 53.5 billion denars a year earlier, while deposits from such customers increased to 133.2 billion denars from 130.6 billion denars.
Komercijalna's total assets rose to 151 billion denars at the end of last year, from 148.6 billion denars at the end of 2021.
The lender's shares traded at an average price of 12,513 denars on January 26 on the Macedonian Stock Exchange (MSE), bourse data showed.
(1 euro = 61.49 denars)
Komercijalna Banka AD Skopje is among the biggest banks in SEE, for more reference take a look at Top 100 banks