ZAGREB (Croatia), November 14 (SeeNews) – Raiffeisen Bank International (RBI) said on Tuesday its after-tax profit from operations in Croatia plummeted to 11.8 million euro ($13.8 million) in the first nine months of 2017, from 62.7 million euro a year earlier.
Nine-month net interest income fell to 90.8 million euro, down 4.8% on the year, RBI said in an interim financial report.
The non-performing loan ratio of RBI's Croatian unit rose to 17.6% through September, from 16.5%.
Following are details on RBI's performance in Croatia (in millions of euro):
| |
9-mo 2017 |
9-mo 2016 |
| Profit after tax |
11.82 |
62.67 |
| Pre-tax profit |
23.04 |
79.04 |
| Operating income |
163.35 |
172.67 |
| Net interest income |
90.81 |
95.43 |
| Net fee and commission income |
55.06 |
50.32 |
| Loans |
2,715.06 |
2,815.69 |
| Deposits |
3,334.82 |
3,181.06 |
| Assets |
4,481.99 |
4,599.92 |
The number of RBI customers in Croatia rose by 17.4% on the year to 528,362 at the end of September, while the number of business outlets dropped by 3 to 75.
($=0.853513 euro)