SARAJEVO (Bosnia and Herzegovina), November 14 (SeeNews) – Raiffeisen Bank International (RBI) said on Thursday it has recorded a net profit of 36 million euro ($40.7 million) from operations in Bosnia and Herzegovina in the first nine months of 2018, up 14.6% year-on-year.
RBI generated an operating income of 82 million euro in Bosnia and Herzegovina in the first nine months of 2018, up 2.5% from the year-earlier figure, RBI said in its January-September financial report.
Net fee and commission income from operations in Bosnia and Herzegovina rose by 0.8% to 30 million euro, while net interest income fell by 1.1% to 50 million euro.
The lender's non-performing loan (NPL) ratio in Bosnia and Herzegovina decreased to 6.4% at the end of September, from 7.3% a year earlier.
The total assets of RBI in the country rose by 5.7% year-on-year to 2.208 billion euro at the end of September.
Following are details of RBI's performance in Bosnia and Herzegovina (in millions of euro):
| |
9-mo'18 |
9-mo'17 |
% change |
| Net interest income |
50 |
50 |
1.1 |
| Net fee and commission income |
30 |
29 |
0.8 |
| Operating income |
82 |
80 |
2.5 |
| Net profit |
36 |
32 |
14.6 |
| Operating profit |
43 |
42 |
2.3 |
| Loans |
1,242 |
1,156 |
7.4 |
| Deposits |
1,764 |
1,681 |
4.9 |
| Assets |
2,208 |
2,090 |
5.7% |
RBI's Bosnian unit had about 400,000 customers at end-September, up 1% year-on-year, and operated in 102 business outlets, versus 98 a year earlier.
($ = 0.884872 euro)
Raiffeisen Bank d.d. Bosna i Hercegovina is among the biggest banks in SEE, for more reference take a look at
Top 100 banks