Growth of Eurobank EFG's assets in Serbia

Source: Beta Tuesday, 23.03.2010. 14:58
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- Total assets of Eurobank EFG Serbia grew by over 18% in 2009 against 2008, reaching 147bn RSD - that member of Eurobank EFG Group announced today (March 22, 2010).

Thanks to the growth of assets, Eurobank EFG's market share was increased to 6.8% and it now ranks fourth in Serbia.

Eurobank EFG announced that its untaxed profit in 2009 had amounted to 2.8bn RSD and that it had improved the liquidity by increasing the base of deposits by 6%, to 71bn RSD.

It is stated in the announcement that Eurobank EFG in Serbia is the third in the size of total capital.

At the end of 2009, total capital of Eurobank EFG Serbia amounted to 38.4bn RSD, while the capital adequacy ration was 18.3%.

The operative incomes grew by 3% in 2009, reaching 11.2bn RSD, while the net incomes from interests remained the same as in 2008 - 8.5bn RSd.

Eurobank EFG in Serbia is a member of Eurobank EFG Group, an European banking organization with total assets of 84.3bn EUR in fiscal year 2009. That group operates in Greece, Bulgaria, Serbia, Romania, Turkey, Poland, Ukraine, Britain, Luxembourgh and on Cyprus.
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