February 5 (SeeNews) - The Serbian unit of Russia's Sberbank, posted a profit of 869.4 million dinars ($9.1 million/7.3 million euro) in the nine months ended September 30, 2017, up 59.2% on the year.
Sberbank Srbija's net interest income fell 4.6% on the year to 3.1 billion dinars, while net fee and commission income grew to 1.02 billion dinars from 780.7 million dinars, according to the nine-month financial statement of the lender posted on the website of Serbia's central bank.
Net expenses for impairment of financial assets and credit risk off-balance sheet items fell to 1.18 billion dinars in January-September, down from 1.39 billion dinars in the like period of the previous year.
Sberbank Srbija's loan portfolio amounted to 76.4 billion dinars, while deposits totalled 80.3 billion dinars at the end of September 2017.
Following are details on Sberbank Srbija's financial performance (in millions of dinars unless otherwise stated):
|
9-mo'17 |
9-mo'16 |
Loans |
76.374 bln |
74.965 bln |
Deposits |
80.322 bln |
71.274 bln |
Net fee and commission income |
1.019 bln |
780.7 |
Net interest income |
3.106 bln |
3.257 bln |
Net profit |
869.4 |
546.1 |
(1 euro = 118.644 dinars)