Banking Sector in Bosnia-Herzegovina recorded Positive Financial Results last Year

January 8, 2020 3:00 PM

 

At the level of the banking sector in the Federation Bosnia-Herzegovina, according to the reporting data of banks as of 30.09.2019.  In the reporting year, a positive financial result was reported – profit in the amount of 250.9 million BAM, which is 4.3 million BAM or 1.7 percent more than in the same period in 2018.

Total net assets at the banking sector level in the Federation of Bosnia-Herzegovina as of September 30, 2019 amounted to 23.7 billion BAM and 1.6 billion BAM, or 7.5, are higher than on December 31, 2018.

Loans, with a share of 62.8 percent, in the structure of total assets, recorded an increase compared to the end of 2018 in the amount of 580.9 million BAM or 4.1 percent, so that as of September 30, 2019. amounted to 4.9 billion BAM.

Credit growth as of 30.09.2019, compared to the end of 2018, loans to individuals, private companies, non-banking financial institutions and other sectors were made, while lending to government institutions, banking institutions and public companies decreased, new data from the Federation of Bosnia-Herzegovina Banking Agency show.

Loans to legal entities increased by 111.2 million BAM or 1.5 percent, so that as of September 30, 2019 amounted to 7.6 billion BAM, with a share of 50.9% in total loans.

Loans to households in the same period increased by 469.7 million BAM or 6.9 percent, with a share of total loans of 49.1 percent as of September 30, 2019. amounted to 7.3 billion BAM.

Non-performing loans – NPLs declined from 8.5 to 7.6 percent as a result of credit growth and collection activity.  The share of NPLs of legal entities in relation to total loans to legal entities is 9.4 percent, which is by 1.2 percentage points less than at the end of 2018, and the share of NPLs in households relative to total loans to households is 5. 8 percent, down 0.4 percentage points from the period under review.

Investments in securities as of 30.09.2019, amounted to 1.4 billion BAM, with a 5.9 percent share in assets, up 6.8 percent from the end of 2018. Deposits reached 19 billion BAM, with growth of 1.4 billion BAM, or 7.7 percent, and remained the most significant source of financing, with a share of 79.9 percent in total liabilities.

 

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