BELGRADE (Serbia), October 30 (SeeNews) – The Serbian unit of Austria’s Raiffeisenbank turned to a net profit of 3.604 billion dinars ($67.3 million/46.8 million euro) in the first nine months of 2007 from a net loss of 1.108 billion dinars a year ago, the country’s central bank said late on Monday.
Raiffeisen Banka ranked Serbia's second biggest bank in terms of assets, totalling 143.9 billion dinars at the end of September.
The top Serbian bank by assets was the Belgrade arm of Italy’s Banca Intesa, while third came the Serbian unit of Hypo Alpe-Adria-Bank.
Details of Raiffeisen Banka’s profit and loss account follow (in billions of dinars):
|
Jan-Sept '07 |
Jan-Sept '06 |
Net profit/loss |
3.604 |
-1.109 |
Pre-tax profit/loss |
3.604 |
-1.109 |
Net interest income |
4.623 |
4.193 |
Net income from commissions and fees |
1.766 |
0.889 |
Other income |
7.744 |
8.696 |
(1 euro=77.0547 dinars)