You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Serbia's Halkbank Beograd H1 net profit declines - table

Author Radomir Ralev
Serbia's Halkbank Beograd H1 net profit declines - table Halkbank AD Skopje/All rights reserved.

BELGRADE (Serbia), September 12 (SeeNews) - Serbia's Halkbank Beograd [BEL:CCNB] has reported a net profit of 162.6 million dinars ($1.5 million/1.4 million euro) in the first half of 2019, down from 202.7 million dinars in the previous year.

Halkbank's net interest income went up to 804.5 million dinars from 715.8 million dinars, while net fee and commission income grew to 332.1 million dinars from 279.9 million dinars, according to the interim unaudited financial statement of the lender, posted on its website.

The bank's loan portfolio amounted to 44.8 billion dinars, while deposits totalled 51.5 billion dinars at the end of June.

Following are details on Halkbank's financial performance (in millions of dinars unless otherwise stated):

  H1'19 H1'18
Deposits 51.520 bln 45.437 bln
Loans 44.761 bln 41.046 bln
Net fee and commission income 332.1 279.9
Net interest income 804.5 715.8
Net profit 162.6 202.7

Halkbank Beograd is a subsidiary of Turkish lender Halkbank.

(1 euro = 117.228 dinars)