March 15 (SeeNews) - Raiffeisen Bank International (RBI) said on Wednesday its 2016 net profit from operations in Bosnia fell 9.4% on the year to 29.1 million euro ($30.9 million).
RBI's Bosnian operations generated a 2.4% annual growth in operating income to 106 million euro in January-December, with net interest income up 1.4% and net fee and commission income up 8.0%, the lender said in its 2016 financial report.
The bank's non-performing loan ratio in Bosnia dropped to 8.6% at the end of December from 10.5% a year earlier.
Following are details of RBI's performance in Bosnia (in millions of euro):
|
2016 |
2015 |
Profit after tax |
29.1 |
32.2 |
Pre-tax profit |
34.8 |
36.3 |
Operating income |
106.4 |
103.9 |
- net interest income |
67.0 |
66.1 |
- net fee and commission income |
37.7 |
34.9 |
- net trading income |
1.62 |
1.56 |
- recurring other net operating income |
0.1 |
1.4 |
Loans & advances to customers |
1,188.1 |
1,173.0 |
Deposits from customers |
1,646.4 |
1,519.2 |
Assets |
2,056.6 |
1,947.5 |
Raiffeisen Bank’s Bosnian unit had 454,454 customers at the end of December, down 7.9% year-on-year, and operated 98 business outlets, up one compared to a year earlier.
($=0.940531 euro)