SARAJEVO (Bosnia and Herzegovina), August 8 (SeeNews) – Austria's Raiffeisen Bank International (RBI) said on Thursday it recorded an after-tax profit of 26.3 million euro ($29.5 million) from operations in Bosnia and Herzegovina in the first half of 2019, up 2.4% year-on-year.
RBI generated an operating income of 56.1 million euro in Bosnia and Herzegovina in the first half of 2019, up 5.2% from the year-earlier figure, RBI said in its semi-annual financial report.
Net fee and commission income from operations in Bosnia and Herzegovina grew by 5.3% to 19.9 million euro, while net interest income rose by 4.4% to 34.2 million euro.
The lender's non-performing loan (NPL) ratio in Bosnia and Herzegovina decreased to 3.5% at the end of June, from 4.2% a year earlier.
The total assets of RBI in the country rose by 10.3% year-on-year to 2.4 billion euro at the end of June.
Following are details of RBI's performance in Bosnia and Herzegovina (in millions of euro):
|
H1 '19 |
H1 '18 |
Net interest income |
34.2 |
32.8 |
Net fee and commission income |
19.9 |
18.9 |
Operating income |
56.1 |
53.3 |
After-tax profit |
26.3 |
25.7 |
Operating profit |
29.2 |
28.2 |
Loans |
1,351.0 |
1,222.2 |
Deposits |
1,855.9 |
1,725.3 |
Assets |
2,436.5 |
2,208.0 |
RBI's Bosnian unit had 449,434 customers at end-June, up 1.7% year-on-year, and operated in 103 business outlets, one more than a year earlier.
($ = 0.863157 euro)