August 14 (SeeNews) - Serbian blue-chip lender Komercijalna banka [BEL:KMBN] said on Tuesday its net profit declined 36% on the year to 3.6 billion dinars ($34.8 million/30.5 million euro) in the first half of 2018.
Komercijalna banka's net interest income fell 2.5% to 6.2 billion dinars, while net fee and commission income grew 3.7% to 2.6 billion dinars, Komercijalna said in an interim financial statement filed with the Belgrade Stock Exchange.
The return on assets (ROA) ratio of the bank amounted to 1.9% in June, the same as at the end of December, while return on equity (ROE) ratio went down to 11.5% from 11.9% at the end of last year.
The bank's retail loan portfolio amounted to 87.2 billion dinars, while retail deposits totalled 249.7 billion dinars at the end of June.
Following are details on Komercijalna banka's financial performance (in billions of dinars):
|
H1 2018 |
H1 2017 |
Retail loans |
87.219 |
81.712 |
Retail deposits |
249.740 |
241.210 |
Net fee and commission income |
2.553 |
2.463 |
Net interest income |
6.230 |
6.389 |
Net profit |
3.621 |
5.656 |
(1 euro = 117.975 dinars)