May 16 (SeeNews) - The net profit of Serbia’s Komercijalna Banka [BEL:KMBN] rose more than six times on the year to 1.4 billion dinars ($12.9 million/11.4 million euro) in the first quarter from 207.9 million dinars in the same period last year, company data showed on Monday.
The lender's net interest income fell 2.3% on the year to 3.38 billion dinars through March while net income from fees and commissions was up 1.8% to 1.16 billion dinars, the bank’s unaudited financial report indicated.
The bank's total assets increased to 409.65 billion dinars at the end of March from 391.86 billion dinars at the end of December.
Details follow (in billions of dinars):
|
Q1'16 |
Q1'15 |
percentage change |
Pre-tax profit |
1.4 |
0.2 |
574.7 |
Net operating income |
4.1 |
3.3 |
22 |
-net interest income |
3.4 |
3.5 |
-2.3 |
-net fee commissions income |
1.2 |
1.1 |
1.8 |
|
end-March |
end-2015 |
percentage change |
Total assets |
409.6 |
391.9 |
4.5 |
Loans |
161.9 |
162.7 |
-0.5 |
Deposits |
316.7 |
300.0 |
5.6 |
(1 euro=122.6 dinars)