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Zagrebacka Banka Group sees HRK 1.2 bln net profit in 1st three quarters

Autor: mses
ZAGREB, Nov 4 (Hina) - In the first nine months of this year the Zagrebacka Banka Group made a net profit of HRK 1.2 billion, which was 3.8% less than in the same period last year, the group's unrevised financial report shows.

The group's operating income in that period amounted to HRK 4.019 billion, or 3.5% less than in the corresponding period of 2011.

Net income from commissions and bank fees fell by HRK 25 million, or 3%, to HRK 803 million, while the net profit from trading and other income amounted to HRK 760 million, up 12.8% from the corresponding period of 2011.

The group reduced its expenditure by 0.5% to HRK 2.017 billion. Net loans to clients reached HRK 77.54 billion, down 2.5% since the end of last year.

The group's assets grew 0.7% to HRK 120.475 billion.

(Hina) ms

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