BELGRADE (Serbia), May 8 (SeeNews) – Serbian lender Jubmes Banka [BEL:JMBN] said it turned to 63.5 million dinars ($565,100/515,700 euro) profit in 2016, from 1.79 billion dinars loss in the previous year.
The bank's net interest income decreased to 347.6 million dinars, down 19.2%, while net fee and commission income fell 14.8% to 91.1 million dinars, it said in a filing with Belgrade Stock Exchange on Friday.
Jubmes Banka saw its expenses for impairment of financial assets and credit risk off-balance sheet items in 2016 fall to 19.8 million dinars from 1.786 billion dinars in 2015.
The bank's loan portfolio amounted to 5.6 billion dinars, while deposits totalled 5.5 billion dinars at the end of 2016.
Following are details on Jubmes Banka's performance (in millions of dinars):
|
2016 |
2015 |
Deposits |
5,509 |
6,761 |
Loans |
5,617 |
4,990 |
Impairment costs |
19.8 |
1,786.5 |
Net fee and commission income |
91.1 |
106.9 |
Net interest income |
347.6 |
429.9 |
Net profit/loss |
63.5 |
-1,790.2 |
(1 euro = 123.132 dinars)