March 14 (SeeNews) - Raiffeisen Bank International (RBI) said on Wednesday its net profit from operations in Bosnia grew 30.7% on the year in 2017, reaching 38.1 million euro ($47.2 million).
RBI's Bosnian operations generated a 2.2% annual growth in operating income, to 108.8 million euro last year, with net interest income down 0.4% and net fee and commission income up 4.3%, the lender said in its 2017 financial report.
The bank's non-performing loan ratio in Bosnia dropped to 6.9% at the end of December from 8.6% a year earlier.
Following are details of RBI's performance in Bosnia (in millions of euro):
|
2017 |
2016 |
Profit after tax |
38.1 |
29.1 |
Pre-tax profit |
42.7 |
34.8 |
Operating income |
108.8 |
106.4 |
- net interest income |
66.7 |
67.0 |
- net fee and commission income |
39.3 |
37.7 |
- net trading income |
1.7 |
1.6 |
- recurring other net operating income |
1.1 |
0.1 |
Loans & advances to customers |
1,248.5 |
1,188.1 |
Deposits from customers |
1,691.4 |
1,646.4 |
Assets |
2,156.0 |
2,056.6 |
Raiffeisen Bank’s Bosnian unit had 435,502 customers at the end of December, down 4.2% year-on-year.
($=0.807825 euro)