October 29 (SeeNews) - Serbian blue-chip bank Agrobanka turned to 3.894 billion dinars ($72.6 million/50.5 million euro) in net loss through September from 170.4 million dinars in net profit a year earlier, the country’s central bank said on Monday.
Agrobanka ranked fifteenth biggest in the country with total assets of 31.6 billion dinars at the end of September.
There were 36 banks active in Serbia at the end of September. The top three by assets were the Belgrade-based units of Italy’s Banca Intesa and Austria’s Raiffeisenbank and Hypo Alpe-Adria-Bank.
Details of Agrobanka's performance follow (in billions of dinars):
|
|
Jan-Sept '07 |
Jan-Sept '06 |
| Net profit/loss |
-3.894 |
0.170 |
| Pre-tax profit |
-3.894 |
0.170 |
| Net interest income |
1.230 |
0.718 |
| Net income from commissions and fees |
0.680 |
0.330 |
| Other income |
1.908 |
0.780 |
The bank's stock fell 6.21% to 27,244 dinars on Monday as 265 shares changed hands.
(1 euro=77.1825 dinars)