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TIRANA (Albania), November 14 (SeeNews) – Raiffeisen Bank International (RBI) said on Thursday the after-tax profit of its Albanian unit fell to 23 million euro ($25.3 million) in the first nine month of 2019, from 27 million euro in the like period of last year.
Net interest income rose 5.5% year-on-year to 43 million euro, while net fee and commission income fell 3.0% to 12 million euro, RBI said in an interim financial report.
Operating income rose 10.2% to 59 million euro.
The non-performing exposure (NPE) ratio of RBI in Albania decreased to 5.6%, from 6.5%.
The group's total assets in Albania increased 2.4% year-on-year to 1.8 billion euro in the first nine months.
Following are details on RBI's performance in Albania (in millions of euro unless otherwise stated):
|Net interest income||43||41|
|Net fee and commission income||12||13|
|Deposits||1.521 bln||1.495 bln|
|Total assets||1.818 bln||1.775 bln|
The number of RBI business outlets in Albania remained unchanged at 78 as at the end of September.
($ = 0.90831 euro)