Sberbank Serbia realizes profit of RSD 802.9 million in 2017 – Profitability rises by 84%

Sberbank Serbia has realized a growth of profitability of 84% and realized a profit of RSD 802.9 million in 2017.

The bank announced that it had reduced the level of NPLs in 2017 by as much as 40% compared to 2016 thanks to “considerably improved collection, restructuring and write-offs”.

Also, Sberbank realized a net income from interest in the amount of RSD 4.3 billion, whereas the total net fee income amounted to slightly over RSD 1.2 billion, an increase by 41% compared to 2016. The share of the fee income in the total income is 19.7%.

New credits in all segments grew by a third (34%) compared to 2016 and amounted to RSD 39.4 billion.

A growth in retail loans of 28% was recorded, whereas an increase in loans of 17% was realized in the sector of small and medium companies, as was a growth of 56% in the sector of large corporate clients.

Client deposits amounted to RSD 70.4 billion, a growth of RSD 4.6 billion. Deposits in the retail and micro enterprise segment amounted to RSD 39.5 billion, a growth of 11%, the press release adds.

Naša AIK Banka a.d. Beograd

Sberbank

Sberbank profit

Sberbank income

non performing loans

Sberbank credits

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