Bosnia’s Intesa Sanpaolo Banka H1 net profit drops 15.5% y/y – SeeNews

SARAJEVO (Bosnia and Herzegovina), August 29 (SeeNews) – Bosnia’s Intesa Sanpaolo Banka [SAJ:UPIBR] said on Tuesday its first-half net profit dropped 15.5% on the year to 13.7 million marka ($8.4 million/7.0 million euro).

Net interest income edged up an annual 0.3% to 30 million marka in the January-June period, while net fee and commission income increased 17% to 12.0 million marka, Intesa Sanpaolo Banka said in a filing with the Sarajevo Stock Exchange.

The bank’s net assets totalled 2.1 billion marka at the end of June.

Intesa Sanpaolo Banka is part of Italian banking group Intesa Sanpaolo.

(1 euro=1.95583 marka)

Source Article from https://seenews.com/news/bosnias-intesa-sanpaolo-banka-h1-net-profit-drops-155-yy-581430

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