October 19 (SeeNews) - Serbia's financial leasing sector posted a combined net profit of 773.9 million dinars ($7.5 million/6.5 million euro) in the first half of 2018, up from 447.5 million dinars in the previous year, the country's central bank NBS said.
The industry's return on assets (ROA) rose to 2.17% at the end of June 2018 from 1.48% twelve months earlier, while return on equity (ROE) grew to 17.68% from 11.59%, NBS said in a quarterly sector report, published on its website on Thursday.
The sector's operating profit went up to 1.257 billion dinars in the second quarter from 1.145 billion dinars in the previous year.
The assets of 16 financial leasing companies operating in Serbia totalled 71.6 billion dinars at end-June, up 8.4%. The biggest player in the sector was Intesa Leasing with a market share by assets of 17.7%, followed by Sogelease Srbija with 17.3%, UniCredit Leasing with 13.6%, and Raiffeisen Leasing also with 13.3%.
(1 euro = 118.625 dinars)