January 17 (SeeNews) - Serbia's Halkbank Beograd [BEL:CCNB] has reported a net profit of 284 million dinars ($2.9 million/2.4 million euro) in the first nine months of 2017, down 23.3% on the year.
Halkbank's net interest income went up to 1.1 billion dinars from 906.9 million dinars, while net fee and commission income grew to 439.6 million dinars from 420 million dinars, according to the financial statement of the lender for the first nine months of 2017, posted on the website of Serbia's central bank, NBS.
Net expenses for impairment of financial assets and credit risk off-balance sheet items totalled 52.8 million dinars in January-September 2017. Halkbank reported no impairment cost in the first nine months of the previous year.
The bank's loan portfolio amounted to 14.5 billion dinars, while deposits totalled 16.6 billion dinars at the end of September 2017.
Following are details on Halkbank's financial performance (in millions of dinars unless otherwise stated):
|
9-mo'17 |
9-mo'16 |
Loans |
14.469 bln |
24.256 bln |
Deposits |
16.563 bln |
27.356 bln |
Net fee and commission income |
439.6 |
420.0 |
Net interest income |
1.103 bln |
906.9 |
Net profit |
284.0 |
370.4 |
Halkbank Beograd is a subsidiary of Turkish lender Halkbank.
(1 euro = 118.356 dinars)