Halkbank profit in first six months EUR 3.28 million

Halkbank Belgrade had a profit of EUR 3.28 million in the first six months of 2016, which is a considerable success, as it incurred a loss of EUR 1.24 million in the corresponding period in 2015, the bank reported.

The balance sum amounted to EUR 267 million, an increase of 1.72% relative to late 2015. The off-balance potential amounted to EUR 441.68 million, an increase of 2.74%.

Compared to the end of 2015, the bank’s credit portfolio increased by 13.49%. The planned growth of the corporate credit portfolio was realized at 60.47%, and of the retail credit portfolio at 52.15%.

The increase in deposit potential of corporate and retail clients in the first six months amounts to EUR 12.18 million, i.e. 8.42% compared to late 2015. The deposits of corporate clients increased by EUR 7.79 million, and those of retail clients by EUR 4.39 million.

The capital adequacy ratio is above the NBS regulatory minimum and equals 14.09%.

The bank continues to open new offices and expand its network. So far, it has opened the branches Kalenic, New Mill, a branch for large clients, branches in Pancevo and Novi Pazar and an office in Aleksinac.

Halkbank AD Beograd

Narodna banka Srbije Beograd

Halkbank Belgrade

Halkbank profit

Halkbank balance sum

Halkbank credit portfolio

Halkbank capital adequacy ratio

NBS

Law on Banks