Serbia's Erste Bank Novi Sad net profit rises 29% y/y in Q1

Net interest income grew 23.5% to 4 billion dinars, while net fee and commission income increased 22.6% to 990 million dinars, Erste Bank Novi Sad said in a press release.

The non-performing loan (NPL) ratio of the bank was 2.7% at the end of March.

Erste Bank Novi Sad is part of Vienna-based Erste Group, which serves over 16 million clients in Austria, the Czech Republic, Slovakia, Romania, Hungary, Croatia, and Serbia.

1 euro = 117.140 dinars