• (+381 11) 3088 132
  • info@amcham.rs
Linkedin Twitter Instagram Facebook Youtube
Join us!
  • About Us
    • Board of Governors
    • Executive Team
  • Members
    • Patron members
    • Join Us
  • Improving Business Environment
    • Business and Corporate Law Committee
    • Combating Grey Economy Committee
    • Digital Economy Committee
    • Environmental Committee
    • Energy Committee
    • Health Care Committee
    • Labor Regulations Committee
    • Real Estate Committee
    • Tax and Finance Committee
    • Trade Facilitation Committee
  • Networking & Promotion
  • Excelling Professional Development
    • AmChamps
    • Women in Tech
    • HR Forum
  • News & Galleries
    • News
    • Image Gallery
    • Video Gallery
  • Calendar
  • Resources
    • Annual Reports
    • Lap Time Surveys
    • Other Important Documents
  • Contact Us
  • English
Menu
  • About Us
    • Board of Governors
    • Executive Team
  • Members
    • Patron members
    • Join Us
  • Improving Business Environment
    • Business and Corporate Law Committee
    • Combating Grey Economy Committee
    • Digital Economy Committee
    • Environmental Committee
    • Energy Committee
    • Health Care Committee
    • Labor Regulations Committee
    • Real Estate Committee
    • Tax and Finance Committee
    • Trade Facilitation Committee
  • Networking & Promotion
  • Excelling Professional Development
    • AmChamps
    • Women in Tech
    • HR Forum
  • News & Galleries
    • News
    • Image Gallery
    • Video Gallery
  • Calendar
  • Resources
    • Annual Reports
    • Lap Time Surveys
    • Other Important Documents
  • Contact Us
  • English
Members News

Erste Bank’s 2018 net profit close to RSD 3 Billion

By AmCham  Published On 28/02/2019
Total loans to legal entities rose by 28.1% between the end of 2017 and Q4 2018, to 72.54 billion dinars. Total deposits by legal entities also increased by 24.7%, to 47.08 billion dinars.
“During 2018. the trust shown by clients resulted in a 20% increase in total deposits by individuals and corporate customers, while total loans increased by more than 30%. We helped over 2,500 customers to buy homes for themselves and their families, while tradespeople used our financial support and advice and the favorable economic environment to put their plans and investments into operation,” said Slavko Carić, CEO of Erste Bank a.d. Novi Sad, adding that “for long-term sustainability in business, a new concept is needed, adapted to the digital future ahead. That is why we have continued to make large investments in a new IT system and the all-encompassing transformation of the bank, starting last year.”
Erste Bank’s total net profit at the end of 2018 amounted to 2.92 billion dinars, a 10.5% improvement on the same period in 2017, when net profit reached 2.63 billion dinars. A notably higher quality portfolio is reflected in the decline in NPL from 3.2% to 1.6% at the end of the fourth quarter of 2018.
The number of users of digital distribution channels was 10.5% higher at the end of 2018 than in December 2017, meaning that over 261 000 Erste Bank customers use internet and mobile banking. The bank continued to expand its network, with 87 business units at the end of December 2018, while there were a total number of 421 000 active clients in March.

Leave A Reply Cancel reply

Your email address will not be published. Required fields are marked *

*

*

one × four =

AmCham Elects New Board of Governors Members and Delivers AmCham HERO Award to Dr. Miodrag Stojković
Previous Article
Ball Packaging investing EUR 45mn in new production line
Next Article

AmCham Serbia

The leading independent  business association in Serbia

Twitter Linkedin Instagram Facebook Youtube

Explore

ABOUT US
MEMBERS
NEWS & GALLERIES
CALENDAR
RESOURCES
IMPROVING BUSINESS ENVIRONMENT
NETWORKING & PROMOTION
EXCELLING PROFESSIONAL DEVELOPMENT

Address

info@amcham.rs

Smiljanićeva 24/I, 11111 Beograd

Copyright 2023. Made with ❤ by CodeIT

AmCham Serbia

The leading independent  business association in Serbia

Twitter Linkedin Instagram Facebook Youtube

Explore

ABOUT US
MEMBERS
NEWS & GALLERIES
CALENDAR
RESOURCES
IMPROVING BUSINESS ENVIRONMENT
NETWORKING & PROMOTION
EXCELLING PROFESSIONAL DEVELOPMENT

Address

info@amcham.rs

Smiljanićeva 24/I, 11111 Beograd

Copyright 2023. Made with ❤ by CodeIT