ZAGREB (Croatia), March 14 (SeeNews) – Raiffeisen Bank International (RBI) said on Wednesday its net profit from operations in Croatia dropped to 25.9 million euro ($32.1 million) in 2017, from a profit of 59.2 million euro a year earlier.
The lender's net interest income from operations in Croatia fell by an annual 6.1% to 118.7 million euro last year, while net fee and commission income increased 7.5% to 70.7 million euro, RBI said in its 2017 financial report.
Following are details on RBI's performance in Croatia (in millions of euro):
|
2017 |
2016 |
Profit after tax |
25.9 |
59.2 |
Pre-tax profit |
39.9 |
77.9 |
Operating income |
213.1 |
224.4 |
- net interest income |
118.7 |
126.4 |
- net fee and commission income |
70.7 |
65.8 |
- net trading income |
8.4 |
17.7 |
- recurring other net operating income |
15.3 |
14.6 |
Loans & advances to customers |
2,636.1 |
2,807.3 |
Deposits from customers |
3,353.6 |
3,282.6 |
Assets |
4,606.1 |
4,689.1 |
The ratio of non-performing loans fell to 13.1% at the end of December from 15.7% a year earlier.
($=0.807825 euro)