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UniCredit's Serbian unit 9-mo cons profit falls 14.5% y/y

Author Radomir Ralev
UniCredit's Serbian unit 9-mo cons profit falls 14.5% y/y Metropolico.org/Creative Commons

BELGRADE (Serbia), December 6 (SeeNews) - UniCredit Banka Srbija, the Serbian unit of Italian banking group UniCredit, recorded a net profit of 5.3 billion dinars ($50.9 million/45 million euro) in the first nine months of 2021, down from 6.2 billion dinars in the like period of last year.

The bank's net interest income increased to 9.7 billion dinars in the first nine months of 2021, up 2.3% on the year, while net fee and commission income grew 21.1% to 3.4 billion dinars, according to data from the interim balance sheet of UniCredit Banka Srbija, posted on the website of Serbia's central bank.

The bank's loan portfolio amounted to 349.2 billion dinars, while deposits totalled 425.2 billion dinars at the end of September.

Following are details on UniCredit Banka Srbija's performance (in billions of dinars):

9-mo'21 9-mo'20
Loans 349.2 319.7
Deposits 425.2 412.1
Net fee and commission income 3.395 2.802
Net interest income 9.970 9.744
Net profit 5.293 6.188

(1 euro = 117.587 dinars)

UniCredit Bank Srbija AD is among the biggest banks in SEE, for more reference take a look at Top 100 banks
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