You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Raiffeisen Bank Intl 9-mo after-tax profit in Serbia rises 3.7% - table

Raiffeisen Bank Intl 9-mo after-tax profit in Serbia rises 3.7% - table

BELGRADE (Serbia), November 27 (SeeNews) – Raiffeisen Bank International (RBI) said on Wednesday its after-tax profit from operations in Serbia rose to 39 million euro ($52.7 million) in the first nine months of 2013 from 38 million euro a year ago.

RBI’s total assets in Serbia fell to 1.862 billion euro at end of September from 1.975 billion euro a year earlier, the bank said in a statement.

Following are details on RBI's performance in Serbia (in millions of euro):

  9-mo'13 9-mo'12
Profit after tax 39 38
Pre-tax profit 45 41
Operating income114 114 96
Net interest income 83 66
Net fee and commission income 27 26
Loans and advances to customers 1,167 1,290
Deposits 1,119 1,165

RBI's customers in Serbia rose 11.4% on the year to 586,174 at the end of September while the number of its business outlets fell to 84 from 85 a year ago.

($=0.7381 euro)

Compare