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HUB: Banks' net profit up, but operating profit on the decline

Author: Vojo Micak

ZAGREB, Dec 7 (Hina) - The net profit of the Croatian banking sector in the first nine months of this year was HRK 2.2 billion higher than in the same period last year, due to considerably lower value adjustments and loan loss provisions, but banks' operating profit was actually on the decline, the latest publication by the Croatian Banking Association (HUB) shows.

(Hina) vm

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