Municipal Bank's net interest margin amounted to 2.28% in 2017, down from 2.53% compared to the previous year.
Historically, the bank’s net interest margin reached an all time high of 3.31% in 2008 and an all time low of 2.14% in 2014. The average margin in the last five years amounted to 2.44%.
Average asset yield was 2.58% in 2017, down from 3.06% when compared to previous year. On the other hand, cost of funding amounted to 0.323% in 2017, down from 0.568%.
Comparing Municipal Bank with its closest peers, DSK Bank operated in 2017 with a net interest margin of 3.91% in 2017, United Bulgarian Bank reached 3.16% and Raiffeisenbank Bulgaria some 3.00%.
You can see all the bank’s data at Municipal Bank Profile, or you can download a report on the bank in the report section.