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Serbia's Metals Banka Turns to 9-Mo Loss - Table

Oct 28, 2009, 1:29:28 PMArticle by Iskra Pavlova
share
October 28 (SeeNews) - Serbian blue chip Metals Banka turned to a pre-tax loss of 361 million dinars ($5.7 million/3.9 million euro) in the first nine months of 2009 from a pre-tax profit of 418 million dinars a year earlier, central bank figures showed.

Serbia's Metals Banka Turns to 9-Mo Loss - Table

Metals Banka's 23 billion dinars in assets ranked it as the 22nd largest bank in Serbia, where 34 lenders operated at the end of September. The top three by assets are the Belgrade-based Banca Intesa, part of Italian banking group Intesa Sanpaoplo, Komercijalna Banka and Raiffeisen Banka.

Details of Metals Banka's performance in January-September follow (in millions of dinars):

End-Sept'09 End-Sept'08
Pre-tax profit/loss -361 418
Net interest income 993 953
Net income from commissions and fees 357 352
Other operating income 23 123

Metals Banka shares fell 0.51% to 8,705 dinars on the Belgrade Stock Exchange by 1100 GMT on Wednesday.

(1 euro=93.5738 Serbian dinars)


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