Limun.hr - Macedonia's Stopanska Banka Skopje Q1 Net Profit Doubles Y/Y

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Macedonia's Stopanska Banka Skopje Q1 Net Profit Doubles Y/Y

23.5.2012 13:38:00 | Author/Source www.seenews.com

SKOPJE (Macedonia), May 23 (SeeNews) – Macedonia's Stopanska Banka Skopje said its net profit doubled to 188.7 million denars ($3.9 million/3.1 million euro) in the first quarter from 96.7 million denars a year ago.

Net interest income rose by 12% on the year to 438.2 million denars in the first quarter, while net fees and provisions income increased by an annual 6.0% to 219.2 million denars, Stopanska Banka Skopje said in its income statement sent to the country's Securities and Exchange Commission.