January 25 (SeeNews) - OTP Banka Srbija, a unit of Hungarian banking group OTP, posted a profit of 24.6 million dinars ($257,000/207,300 euro) in the nine months ended September 30, 2017, down 78% on the year.
OTP Banka Srbija's net interest income rose 3.5% on the year to 1.66 billion dinars, while net fee and commission income grew to 544.6 million dinars from 545.6 million dinars, according to the nine-month financial statement of the lender posted on the website of Serbia's central bank.
Net expenses for impairment of financial assets and credit risk off-balance sheet items stood at 367.6 million dinars in January-September, up from 189.7 million dinars in the like period of the previous year.
OTP Banka Srbija's loan portfolio amounted to 39.7 billion dinars, while deposits totalled 38.6 billion dinars at the end of September 2017.
Following are details on OTP Banka Srbija's financial performance (in millions of dinars unless otherwise stated):
|
9-mo'17 |
9-mo'16 |
Loans |
39.657 bln |
36.291 bln |
Deposits |
38.555 bln |
36.368 bln |
Net fee and commission income |
544.6 |
545.6 |
Net interest income |
1.658 bln |
1.602 bln |
Net profit |
24.6 |
110.8 |
(1 euro = 118.700 dinars)