Bosnia’s NLB Banka Sarajevo H1 net profit climbs 60.8% – SeeNews

SARAJEVO (Bosnia and Herzegovina), August 30 (SeeNews) – Bosnia’s Sarajevo-based NLB Banka, owned by Slovenia’s Nova Ljubljanska Banka (NLB), said on Wednesday its first-half net profit rose 60.8% on the year to 10.1 million marka ($6.1 million/5.2 million euro).

Net interest income rose 10.0% to 15.6 million marka through June, while net fee and commission income added 9.9% to 8.8 million marka, the bank said in a filing with the Sarajevo Stock Exchange.

The bank’s assets totalled 1.9 billion marka at the end of June.

Bosnia and Herzegovina is made up of two autonomous entities – the Federation and the Serb Republic. NLB has another subsidiary in Bosnia, NLB Razvojna Banka, which is based in the Serb Republic.

(1 euro=1.95583 marka)

Source Article from https://seenews.com/news/bosnias-nlb-banka-sarajevo-h1-net-profit-climbs-608-581688

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