May 29 (SeeNews) - Bulgaria's Texim Bank [BUL:5CP] said that its consolidated net loss slightly widened to 91,000 levs ($52,000/47,000 euro) in the first quarter of 2020 from 79,000 levs in the same period of 2019.
The bank's net interest income edged up to 2.3 million levs in the January-March period of the year from 2.2 million levs in the comparable period of 2019, Texim Bank said in an interim financial statement on Wednesday.
The lender's net fee and commission income also increased slightly, to 1.2 million levs in the review period from 1.1 million levs the year before.
The bank's administrative expenses remained flat year-on-year at 3.1 million levs, while amortisation costs grew to 925,000 levs from 458,000 levs.
Net loans and advances to customers fell to 169.1 million levs at the end of March from 169.9 million levs at the end of 2019, while deposits from clients other than financial institutions increased to 330.4 million levs from 320.7 million levs.
The company's assets totalled 373.2 million levs at the end of March, up from 363.5 million levs three months earlier.
Texim Bank was Bulgaria's smallest lender by assets at the end of March, according to central bank data.
(1 euro = 1.95583 levs)