SARAJEVO (Bosnia and Herzegovina), November 14 (SeeNews) – Raiffeisen Bank International (RBI) said on Thursday it recorded an annual drop of 27.8%, to 26 million euro ($28.6 million), in its net profit from operations in Bosnia and Herzegovina in the first nine months of 2019.
RBI generated an operating income of 85 million euro in Bosnia and Herzegovina in January-September, up 3.7% on the year-earlier figure, it said in an interim financial report.
Net interest income grew by 2% to 51 million euro, while net fee and commissions income rose by 3.3% to 31 million euro.
RBI's non-performing loan (NPL) ratio in Bosnia and Herzegovina decreased to 3.6% at the end of September, from 4.3% a year earlier.
The total assets of RBI in Bosnia increased by 10.5% year-on-year to 2.440 billion euro at the end of September.
Following are details of RBI's performance in Bosnia and Herzegovina (in millions of euro):
|
Jan-Sept '19 |
Jan-Sept '18 |
% change |
Net interest income |
51 |
50 |
2.0 |
Net fee and commission income |
31 |
30 |
3.3 |
Operating income |
85 |
82 |
3.7 |
Operating profit |
42 |
43 |
-2.3 |
Net profit |
26 |
36 |
-27.8 |
Loans |
1,329 |
1,242 |
7.0 |
Deposits |
1,897 |
1,764 |
7.5 |
Assets |
2,440 |
2,208 |
10.5 |
RBI's Bosnian unit had about 400,000 customers at end-September, unchanged year-on-year, and operated in 103 business outlets, up by one compared to a year earlier.
($ = 0.884872 euro)
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