May 29 (SeeNews) - Serbia's financial leasing sector posted a combined net profit of 1.437 billion dinars ($13.6 million/12.2 million euro) in 2018, up from 488 million dinars in the previous year, the country's central bank NBS said.
The industry's return on assets (ROA) rose to 2.05% at the end of December 2018 from 0.95% twelve months earlier, while return on equity (ROE) grew to 17.53% in from 7.62%, NBS said in a quarterly sector report, published on its website on Friday.
The sector's operating profit went up to 2.428 billion dinars in 2018 from 2.304 billion dinars in 2017.
The assets of 17 financial leasing companies operating in Serbia totalled 86.737 billion dinars at end-December, up 15.2%. The biggest player in the sector was Intesa Leasing with a market share by assets of 18.6%, followed by Sogelease Srbija with 17.4%, UniCredit Leasing with 13.8%, and Raiffeisen Leasing also with 13.0%.
(1 euro = 117.899 dinars)