March 17 (SeeNews) - Societe Generale Banka Srbija, the Serbian unit of French lender Societe Generale, said its net profit rose by 62.7% in 2016, reaching 4.3 billion dinars ($37.3 million/34.7 million euro).
The bank's net interest income came in at 10.2 billion dinars, down 1.8% compared to 2015, while net fee and commission income rose 4.2% to 3.8 billion dinars, according to the financial statement of Societe Generale Banka Srbija posted on the bank's website.
The labour costs of Societe Generale Banka Srbija totalled 3.3 billion dinars at the end of 2016, down 0.91%.
The bank's loan portfolio amounted to 1.388 billion euro, while deposits totalled 1.240 billion euro at the end of 2016, resulting in a loan-to-deposit ratio of 112%.
Following are details on Societe Generale Banka Srbija's performance (in billions of dinars, unless otherwise stated):
|
2016 |
2015 |
Net interest income |
10.240 |
10.426 |
Net fee and commission income |
3.808 |
3.654 |
Labour costs |
3.258 |
3.288 |
Pre-tax profit |
4.344 |
2.158 |
Net profit |
4.336 |
2.665 |
Loans |
1.388 bln euro |
1.310 bln euro |
Deposits |
1.240 bln euro |
1.193 bln euro |
(1 euro = 123.794 dinars)