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Home/News/Serbia’s Eurobank Beograd profit rises 8.2% in 2017 – table

Serbia’s Eurobank Beograd profit rises 8.2% in 2017 – table

Serbia’s Eurobank Beograd, a subsidiary of Greece’s Eurobank Ergasias, has said its net profit rose 8.2% to 2.2 billion dinars ($21.7 million/18.6 million euro) in 2017.

Eurobank Beograd’s net interest income edged up to 6.6 billion dinars from 6.4 billion dinars, while net fee and commission income grew to 2.2 billion dinars from 2 billion dinars, according to the annual financial statement of the lender, posted on the website of Serbia’s central bank, NBS.

Net expenses for impairment of financial assets and credit risk off-balance sheet items dropped to 699.4 million dinars in 2017 from 885.1 million dinars in the previous year.

The bank’s loan portfolio amounted to 120.4 billion dinars, while deposits totalled 105.8 billion dinars at the end of December.

Source; SeeNews