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RBI's after-tax profit in Kosovo rises 21% y/y in Jan-Sept

Nov 3, 2023, 5:31:23 PMArticle by Genta Hodo
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November 3 (SeeNews) - Raiffeisen Bank International (RBI) said on Friday that the profit after taxes of its Kosovo unit increased to 29 million euro ($31 million) in the first nine months of 2023, from 24 million euro booked in the same period last year.

RBI's after-tax profit in Kosovo rises 21% y/y in Jan-Sept
Photo: Raiffeisen Bank Kosovo

Raiffeisen Bank Kosovo's operating income totalled 67 million euro in January-September, up 20% on the same period in 2022, RBI said in an interim financial statement.

Nine-month interest income totalled 48 million euro, compared with 39 million euro generated in the like period a year earlier, while net fee and commission income edged down to 13 million from 14 million euro.

General administrative expenses increased to 27 million euro, from 24 million euro in the first nine months of 2022.

($ = 0.932 euro)

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