Serbia's Cacanska Banka Projects 157.6 Mln Dinars (1.7 Mln Euro) in 2009 Pre-tax Profit

Cacanska Banka targets 1.26 billion dinars in 2009 net interest income, down from 1.83 billion dinars last year, it said in a statement on the website of the Belgrade Stock Exchange on Monday.

The bank projects its 2009 total assets will remain at the 20 billion dinar level it reached in the first six months of this year, the statement said.

Cacanska Banka posted 64.4 million dinars in pre-tax profit and 533.6 million dinars in net interest income in the first half of 2009.

The bank, based in Cacak, in central Serbia, ranked 21st biggest bank in the country at the end of June with total assets of 19.95 billion dinars.
 
The bank’s shares fell 2.12% to 23,001 dinars on Tuesday, bourse data showed.

(1 euro=93.0091 Serbian dinars)