October 23 (SeeNews) - Serbia's Eurobank Beograd, a subsidiary of Greece's Eurobank Ergasias, reported a net profit of 1.4 billion dinars ($13.7 million/11.7 million euro) for the first half of 2017, up 38.9% on the year, data from the country's central bank, NBS, shows.
Eurobank Beograd's net interest income edged upto 3.2 billion dinars from 3.18 billion dinars, while net fee and commission income grew to 990 million dinars from 961.4 million dinars, according to the six-month financial statement of the lender posted on the NBS website.
Net expenses for impairment of financial assets and credit risk off-balance sheet items dropped to 137 million dinars in January-June from 529.6 million dinars in the same period last year.
The bank's loan portfolio amounted to 106.2 billion dinars, while deposits totalled 99.8 billion dinars at the end of June.
Following are details on Eurobank Beograd's financial performance (in billions of dinars):
|
H1'17 |
H1'16 |
Deposits |
99.775 |
94.433 |
Loans |
106.157 |
99.343 |
Impairment costs |
0.137 |
0.530 |
Net fee and commission income |
0.990 |
0.961 |
Net interest income |
3.200 |
3.177 |
Net profit |
1.392 |
1.003 |
(1 euro=119.187 dinars)