April 17 (SeeNews) - Serbia's Mirabank, a unit of United Arab Emirates-based Royal Group conglomerate, reduced its net loss to 322.5 million dinars ($3.1 million/2.7 million euro) in 2018 from 485.4 million dinars in the previous year, data from its unaudited annual report showed.
Mirabank's net interest income rose to 158.7 million dinars from 116.6 million dinars, while net fee and commission income grew to 22.5 million dinars from 19.1 million dinars, according to the annual unaudited financial statement of the lender posted on its website.
The bank's loan portfolio amounted to 3.1 billion dinars, while deposits totalled 3.3 billion dinars at the end of December 2018.
Following are details on Mirabank's financial performance (in millions of dinars unless otherwise stated):
|
2018 |
2017 |
Deposits |
3.276 bln |
2.299 bln |
Loans |
3.126 bln |
3.907 bln |
Net fee and commission income |
22.5 |
19.1 |
Net interest income |
158.7 |
116.6 |
Net profit/loss |
-322.5 |
-485.4 |
(1 euro = 117.988 euro)