The profit of Erste Bank Novi Sad in the third quarter of 2021 is 11.6 percent higher

Erste Bank Novi Sad announced today that the net profit at the end of the third quarter of 2021 is higher by 11.6 percent compared to the same period last year and amounts to 2.24 billion dinars.

Loans to households and micro-clients increased, as it is stated, by 6.2 percent compared to the end of 2020 and amounted to 103.05 billion dinars, and deposits of households and micro-clients increased by 15.3 percent and amounted to 116.85 billion dinars.

It is added that loans to legal entities are without significant changes compared to the end of 2020 and amount to 94.13 billion dinars, deposits of legal entities are slightly lower by 0.9 percent and amount to 73.59 billion dinars.

Profit from interest is higher by 10.6 percent compared to the same period last year and amounts to 6.68 billion dinars, while profit from fees and commissions is higher by 15.3 percent and amounts to 1.60 billion dinars.

“Small and medium enterprises have been operating fairly stably and we have the greatest need for working capital loans. In cooperation with the European Bank for Reconstruction and Development (EBRD), we have provided a credit line to increase their competitiveness in three key areas, environmental protection. health and safety and product quality, in order to place their products on the EU market “, said the President of the Executive Board Slavko Carić.

By Editor

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