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ProCredit Bank Serbia's profit declines in H1 - table

Sep 20, 2019, 12:19:58 PMArticle by Radomir Ralev
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September 20 (SeeNews) - ProCredit Bank Serbia recorded a net profit of 324.7 million dinars ($3.1 million/2.8 million euro) in the first half of 2019, down 51.5% on the year, it said.

ProCredit Bank Serbia's profit declines in H1 - table
Author: ProCredit Bank. License: All rights reserved.

ProCreditBank Serbia's net interest income fell to 1.277 billion dinars in the first half of 2019 from 1.326 billion dinars in the like period of the previous year, while net fee and commission income grew to 453.2 million dinars from 409.6 million dinars, according to the annual financial statement of the lender posted on its corporate website.

The bank's loan portfolio amounted to 97.9 billion dinars, while deposits totalled 98.3 billion dinars at the end of June.

Following are details on ProCreditBank Serbia's financial performance (in billions of dinars):

H1'19 H1'18
Deposits 98.317 bln 84.880 bln
Loans 97.886 bln 84.954 bln
Net fee and commission income 0.453 0.410
Net interest income 1.277 1.326
Net profit 0.325 0.670

(1 euro = 117.545 dinars)

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