Sale of Eurobank Serbia not planned – Profit in seven months of 2017 reaches RSD 1.7 billion

The head of the Executive Board of Eurobank Serbia, Slavica Pavlovic, stated on September 19 that there was no plan to sell the bank, whose owners are private investors, whereas Greece has a stake of 2% in it.

– We are not planning to sell the bank or withdraw from the Serbian market – Pavlovic said and added that Eurobank Ukraine had been sold and that the sale of the bank in Romania was in progress.

– Eurobank Serbia has good results. In seven months of the current year, the credits grew by 3% and the profit grew by 30% to RSD 1.7 billion – Pavlovic pointed out.

As she said, Eurobank was seventh in the banking market of Serbia looking by assets, which amount to EUR 1.2 billion. It has also realized loans in the amount of a billion euros, and it has half a million clients, 1,200 employees and 80 branch offices.

She added that that the share of NPLs in the bank amounted to around 20% of the total amount of loans, but that she expected it to be reduced to 15-16% before the end of the year.

Eurobank Direktna a.d. Beograd

Eurobank

Slavica Pavlovic

Eurobank Serbia

sale of Eurobank

Eurobank profit

Eurobank operations

banking market of Serbia

non performing loans