By Helgi Library - September 16, 2018
Addiko Bank Serbia's non-performing loans reached 18.2% of total loans at the end of 2017, down from 27.9% compared to the previo...
By Helgi Library - September 16, 2018
Addiko Bank Serbia's non-performing loans reached 18.2% of total loans at the end of 2017, down from 27.9% compared to the previo...
By Helgi Library - September 16, 2018
Addiko Bank Serbia employed 595 persons in 2017, down 6.89% when compared to the previous year. Historically, the bank's workfor...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | RSD mil | 3,389 | 2,980 | 3,209 |
| Net Fee Income | RSD mil | 775 | 819 | 1,141 |
| Other Income | RSD mil | 1,254 | 1,018 | 1,646 |
| Total Revenues | RSD mil | 5,418 | 4,816 | 5,995 |
| Staff Cost | RSD mil | 1,590 | 1,528 | 1,458 |
| Operating Profit | RSD mil | -182 | 285 | 1,487 |
| Provisions | RSD mil | 7,617 | 1,562 | 83.6 |
| Net Profit | RSD mil | -7,931 | -1,279 | 1,218 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | RSD mil | 782 | 4,625 | 2,828 |
| Customer Loans | RSD mil | 55,126 | 60,428 | 61,640 |
| Total Assets | RSD mil | 101,513 | 97,355 | 94,116 |
| Shareholders' Equity | RSD mil | 22,152 | 20,713 | 21,945 |
| Interbank Borrowing | RSD mil | 9,644 | 3,514 | 5,383 |
| Customer Deposits | RSD mil | 52,619 | 67,532 | 61,919 |
| Issued Debt Securities | RSD mil | 15,710 | 4,322 | 3,774 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | -31.9 | -5.97 | 5.71 |
| ROA | % | -7.20 | -1.29 | 1.27 |
| Costs (As % Of Assets) | % | 5.09 | 4.56 | 4.71 |
| Costs (As % Of Income) | % | 103 | 94.1 | 75.2 |
| Capital Adequacy Ratio | % | 20.9 | 23.0 | 21.8 |
| Net Interest Margin | % | 3.08 | 3.00 | 3.35 |
| Loans (As % Of Deposits) | % | 105 | 89.5 | 99.5 |
| NPLs (As % Of Loans) | % | 39.7 | 27.9 | 18.2 |
| Provisions (As % Of NPLs) | % | 63.6 | 68.8 | 67.7 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | -9.32 | -11.1 | 24.5 |
| Operating Cost Growth | % | 21.1 | -19.1 | -0.512 |
| Operating Profit Growth | % | -113 | -256 | 423 |
| Net Profit Growth | % | 785 | -83.9 | -195 |
| Customer Loan Growth | % | -21.4 | 9.62 | 2.00 |
| Total Asset Growth | % | -14.5 | -4.10 | -3.33 |
| Customer Deposit Growth | % | -9.56 | 28.3 | -8.31 |
| Shareholders' Equity Growth | % | -19.7 | -6.49 | 5.95 |
| Employees | 753 | 639 | 595 | |
Get all company financials in excel:
| summary | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||||
| Net Interest Income | RSD mil | 5,882 | 4,871 | 3,824 | 3,697 | 3,389 | ||||||||
| Total Revenues | RSD mil | ... | 9,106 | 7,609 | 6,259 | 5,975 | 5,418 | |||||||
| Operating Profit | RSD mil | ... | 4,828 | 2,925 | 497 | 1,353 | -182 | |||||||
| Net Profit | RSD mil | 1,280 | 1,587 | -4,920 | -896 | -7,931 | ||||||||
| balance sheet | ||||||||||||||
| Interbank Loans | RSD mil | 23,141 | 18,416 | 10,771 | 5,366 | 782 | ||||||||
| Customer Loans | RSD mil | 100,654 | 114,030 | 108,153 | 70,117 | 55,126 | ||||||||
| Debt Securities | RSD mil | 12,607 | 16,081 | 16,762 | 19,740 | 28,690 | ||||||||
| Total Assets | RSD mil | 146,716 | 168,480 | 125,423 | 118,689 | 101,513 | ||||||||
| Shareholders' Equity | RSD mil | 14,320 | 14,320 | 14,320 | 27,591 | 22,152 | ||||||||
| Interbank Borrowing | RSD mil | 19,780 | 22,966 | 14,370 | 13,613 | 9,644 | ||||||||
| Customer Deposits | RSD mil | 68,285 | 84,902 | 63,534 | 58,181 | 52,619 | ||||||||
| Issued Debt Securities | RSD mil | 21,286 | 23,149 | 18,671 | 18,584 | 15,710 | ||||||||
| ratios | ||||||||||||||
| ROE | % | 8.94 | 11.1 | -34.4 | -4.28 | -31.9 | ||||||||
| ROA | % | 0.879 | 1.01 | -3.35 | -0.734 | -7.20 | ||||||||
| Costs (As % Of Assets) | % | ... | 2.94 | 2.97 | 3.92 | 3.79 | 5.09 | |||||||
| Costs (As % Of Income) | % | ... | 47.0 | 61.6 | 92.1 | 77.4 | 103 | |||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | 17.1 | 25.5 | 22.3 | 20.9 | ||
| Net Interest Margin | % | 4.04 | 3.09 | 2.60 | 3.03 | 3.08 | ||||||||
| Interest Income (As % Of Revenues) | % | ... | 64.6 | 64.0 | 61.1 | 61.9 | 62.5 | |||||||
| Fee Income (As % Of Revenues) | % | ... | 10.2 | 11.6 | 13.1 | 12.8 | 14.3 | |||||||
| Staff Cost (As % Of Total Cost) | % | ... | 24.1 | 24.1 | 19.6 | 32.1 | 28.4 | |||||||
| Equity (As % Of Assets) | % | 9.76 | 8.50 | 11.4 | 23.2 | 21.8 | ||||||||
| Loans (As % Of Deposits) | % | 147 | 134 | 170 | 121 | 105 | ||||||||
| Loans (As % Assets) | % | 68.6 | 67.7 | 86.2 | 59.1 | 54.3 | ||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | 35.8 | 22.7 | 35.4 | 39.7 | ||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | 37.5 | 48.6 | 43.0 | 63.6 | ||
| valuation | ||||||||||||||
| Book Value Per Share Growth | % | ... | 7.37 | -17.2 | -21.5 | -3.32 | -8.34 |
| income statement | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||||
| Interest Income | RSD mil | 10,193 | 10,262 | 8,439 | 6,030 | 5,108 | ||||||||
| Interest Cost | RSD mil | 4,312 | 5,390 | 4,615 | 2,333 | 1,719 | ||||||||
| Net Interest Income | RSD mil | 5,882 | 4,871 | 3,824 | 3,697 | 3,389 | ||||||||
| Net Fee Income | RSD mil | 933 | 881 | 822 | 765 | 775 | ||||||||
| Other Income | RSD mil | ... | 2,292 | 1,857 | 1,613 | 1,513 | 1,254 | |||||||
| Total Revenues | RSD mil | ... | 9,106 | 7,609 | 6,259 | 5,975 | 5,418 | |||||||
| Staff Cost | RSD mil | ... | 1,032 | 1,129 | 1,132 | 1,486 | 1,590 | |||||||
| Depreciation | RSD mil | ... | 331 | 310 | 296 | 386 | 325 | |||||||
| Other Cost | RSD mil | ... | 2,915 | 3,244 | 4,335 | 2,751 | 3,686 | |||||||
| Operating Cost | RSD mil | ... | 4,278 | 4,684 | 5,762 | 4,623 | 5,600 | |||||||
| Operating Profit | RSD mil | ... | 4,828 | 2,925 | 497 | 1,353 | -182 | |||||||
| Provisions | RSD mil | ... | 3,329 | 1,137 | 5,220 | 2,247 | 7,617 | |||||||
| Extra and Other Cost | RSD mil | ... | 0 | 0 | 0 | 0 | 0 | |||||||
| Pre-Tax Profit | RSD mil | 1,498 | 1,788 | -4,722 | -894 | -7,799 | ||||||||
| Tax | RSD mil | 218 | 201 | 198 | 2.19 | 132 | ||||||||
| Minorities | RSD mil | 0 | 0 | 0 | 0 | 0 | ||||||||
| Net Profit | RSD mil | 1,280 | 1,587 | -4,920 | -896 | -7,931 | ||||||||
| growth rates | ||||||||||||||
| Net Interest Income Growth | % | ... | 7.37 | -17.2 | -21.5 | -3.32 | -8.34 | |||||||
| Net Fee Income Growth | % | ... | -12.9 | -5.60 | -6.68 | -6.89 | 1.29 | |||||||
| Total Revenue Growth | % | ... | ... | 8.88 | -16.4 | -17.7 | -4.53 | -9.32 | ||||||
| Operating Cost Growth | % | ... | ... | 6.89 | 9.48 | 23.0 | -19.8 | 21.1 | ||||||
| Operating Profit Growth | % | ... | ... | 10.7 | -39.4 | -83.0 | 172 | -113 | ||||||
| Pre-Tax Profit Growth | % | ... | 290 | 19.3 | -364 | -81.1 | 772 | |||||||
| Net Profit Growth | % | ... | 272 | 23.9 | -410 | -81.8 | 785 | |||||||
| market share | ||||||||||||||
| Market Share in Revenues | % | ... | 5.52 | 4.50 | 3.85 | 3.42 | 2.95 | |||||||
| Market Share in Net Profit | % | 102 | 13.6 | ... | ... | ... | ... | |||||||
| Market Share in Employees | % | ... | 2.98 | 2.94 | 3.15 | 3.06 | 3.10 | |||||||
| Market Share in Branches | % | ... | ... | ... | ... | ... | ... | ... | ... | 2.51 | 2.80 | 2.89 |
| balance sheet | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||||||
| Cash | RSD mil | 6,449 | 15,508 | 14,043 | 20,199 | 14,725 | ||||||||
| Interbank Loans | RSD mil | 23,141 | 18,416 | 10,771 | 5,366 | 782 | ||||||||
| Customer Loans | RSD mil | 100,654 | 114,030 | 108,153 | 70,117 | 55,126 | ||||||||
| Retail Loans | RSD mil | ... | ... | ... | ... | 42,707 | 44,469 | 40,407 | 30,442 | 29,258 | ||||
| Corporate Loans | RSD mil | ... | ... | ... | ... | 73,268 | 87,256 | 53,325 | 37,032 | 32,132 | ||||
| Debt Securities | RSD mil | 12,607 | 16,081 | 16,762 | 19,740 | 28,690 | ||||||||
| Fixed Assets | RSD mil | ... | 2,033 | 2,262 | 2,374 | 1,961 | 1,248 | |||||||
| Total Assets | RSD mil | 146,716 | 168,480 | 125,423 | 118,689 | 101,513 | ||||||||
| Shareholders' Equity | RSD mil | 14,320 | 14,320 | 14,320 | 27,591 | 22,152 | ||||||||
| Of Which Minority Interest | RSD mil | 0 | 0 | 0 | 0 | 0 | ||||||||
| Liabilities | RSD mil | 132,397 | 154,161 | 111,103 | 91,097 | 79,362 | ||||||||
| Interbank Borrowing | RSD mil | 19,780 | 22,966 | 14,370 | 13,613 | 9,644 | ||||||||
| Customer Deposits | RSD mil | 68,285 | 84,902 | 63,534 | 58,181 | 52,619 | ||||||||
| Retail Deposits | RSD mil | ... | ... | ... | ... | ... | 37,408 | 47,415 | 40,331 | 34,081 | 35,193 | |||
| Corporate Deposits | RSD mil | ... | ... | ... | ... | ... | 30,877 | 37,486 | 23,202 | 24,100 | 17,426 | |||
| Issued Debt Securities | RSD mil | 21,286 | 23,149 | 18,671 | 18,584 | 15,710 | ||||||||
| Other Liabilities | RSD mil | 23,046 | 23,144 | 14,529 | 720 | 1,389 | ||||||||
| asset quality | ||||||||||||||
| Non-Performing Loans | RSD mil | ... | ... | ... | ... | ... | ... | ... | 47,210 | 27,588 | 29,277 | 29,277 | ||
| Gross Loans | RSD mil | ... | ... | ... | ... | 115,972 | 131,725 | 121,574 | 82,696 | 73,733 | ||||
| Total Provisions | RSD mil | ... | ... | ... | ... | 15,318 | 17,695 | 13,421 | 12,579 | 18,607 | ||||
| growth rates | ||||||||||||||
| Customer Loan Growth | % | ... | 8.70 | 13.3 | -5.15 | -35.2 | -21.4 | |||||||
| Retail Loan Growth | % | ... | ... | ... | ... | ... | -16.5 | 4.13 | -9.13 | -24.7 | -3.89 | |||
| Corporate Loan Growth | % | ... | ... | ... | ... | ... | 40.0 | 19.1 | -38.9 | -30.6 | -13.2 | |||
| Total Asset Growth | % | ... | 1.47 | 14.8 | -25.6 | -5.37 | -14.5 | |||||||
| Shareholders' Equity Growth | % | ... | 0 | 0 | 0 | 92.7 | -19.7 | |||||||
| Customer Deposit Growth | % | ... | 12.6 | 24.3 | -25.2 | -8.43 | -9.56 | |||||||
| Retail Deposit Growth | % | ... | ... | ... | ... | ... | ... | 31.9 | 26.8 | -14.9 | -15.5 | 3.26 | ||
| Corporate Deposit Growth | % | ... | ... | ... | ... | ... | ... | -4.34 | 21.4 | -38.1 | 3.87 | -27.7 | ||
| market share | ||||||||||||||
| Market Share in Customer Loans | % | 5.06 | 5.07 | 4.90 | 2.94 | 2.19 | ||||||||
| Market Share in Corporate Loans | % | ... | ... | ... | ... | 7.20 | 7.79 | 5.26 | 3.81 | 3.24 | ||||
| Market Share in Consumer Loans | % | ... | ... | ... | ... | 7.10 | 6.81 | 6.00 | 4.20 | 3.85 | ||||
| Market Share in Total Assets | % | 5.06 | 5.33 | 3.98 | 3.59 | 2.96 | ||||||||
| Market Share in Customer Deposits | % | 4.93 | 5.54 | 3.98 | 3.39 | 2.88 | ||||||||
| Market Share in Retail Deposits | % | ... | ... | ... | ... | ... | 4.37 | 4.80 | 3.94 | 3.11 | 3.11 | |||
| Market Share in Corporate Deposits | % | ... | ... | ... | ... | ... | 7.29 | 8.68 | 5.41 | 4.82 | 3.02 |
| ratios | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||||||||||
| ROE | % | 8.94 | 11.1 | -34.4 | -4.28 | -31.9 | ||||||||
| ROA | % | 0.879 | 1.01 | -3.35 | -0.734 | -7.20 | ||||||||
| Costs (As % Of Assets) | % | ... | 2.94 | 2.97 | 3.92 | 3.79 | 5.09 | |||||||
| Costs (As % Of Income) | % | ... | 47.0 | 61.6 | 92.1 | 77.4 | 103 | |||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | 17.1 | 25.5 | 22.3 | 20.9 | ||
| Net Interest Margin | % | 4.04 | 3.09 | 2.60 | 3.03 | 3.08 | ||||||||
| Interest Spread | % | ... | 3.72 | 2.75 | 2.26 | 2.63 | 2.62 | |||||||
| Asset Yield | % | 7.00 | 6.51 | 5.74 | 4.94 | 4.64 | ||||||||
| Cost Of Liabilities | % | ... | 3.28 | 3.76 | 3.48 | 2.31 | 2.02 | |||||||
| Interest Income (As % Of Revenues) | % | ... | 64.6 | 64.0 | 61.1 | 61.9 | 62.5 | |||||||
| Fee Income (As % Of Revenues) | % | ... | 10.2 | 11.6 | 13.1 | 12.8 | 14.3 | |||||||
| Other Income (As % Of Revenues) | % | ... | 25.2 | 24.4 | 25.8 | 25.3 | 23.2 | |||||||
| Cost Per Employee | USD per month | ... | 1,345 | 1,280 | 1,333 | 1,758 | 1,665 | |||||||
| Cost Per Employee (Local Currency) | RSD per month | ... | 98,646 | 112,574 | 113,483 | 161,040 | 175,916 | |||||||
| Staff Cost (As % Of Total Cost) | % | ... | 24.1 | 24.1 | 19.6 | 32.1 | 28.4 | |||||||
| Equity (As % Of Assets) | % | 9.76 | 8.50 | 11.4 | 23.2 | 21.8 | ||||||||
| Loans (As % Of Deposits) | % | 147 | 134 | 170 | 121 | 105 | ||||||||
| Loans (As % Assets) | % | 68.6 | 67.7 | 86.2 | 59.1 | 54.3 | ||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | 35.8 | 22.7 | 35.4 | 39.7 | ||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | 37.5 | 48.6 | 43.0 | 63.6 | ||
| Provisions (As % Of Loans) | % | ... | ... | ... | ... | 15.2 | 15.5 | 12.4 | 17.9 | 33.8 | ||||
| Cost of Provisions (As % Of Loans) | % | ... | 3.45 | 1.06 | 4.70 | 2.52 | 12.2 |
Get all company financials in excel:
By Helgi Library - September 16, 2018
Addiko Bank Serbia employed 595 persons in 2017, down 6.89% when compared to the previous year. Historically, the bank's workforce hit an all time high of 831 persons in 2013 and an all time low of 595 in 2017. Average cost reached USD 1,895 per month per employe...
By Helgi Library - September 16, 2018
Addiko Bank Serbia made a net profit of RSD 1,218 mil under revenues of RSD 5,995 mil in 2017, up 195% and 24.5% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of RSD 2,137 mil in 2008 and an all time low of R...
By Helgi Library - September 16, 2018
Addiko Bank Serbia made a net profit of RSD 1,218 mil under revenues of RSD 5,995 mil in 2017, up 195% and 24.5% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of RSD 2,137 mil in 2008 and an all time low of R...
By Helgi Library - September 16, 2018
Addiko Bank Serbia's cost to income ratio reached 75.2% in 2017, down from 94.1% compared to the previous year. Historically, the bank’s costs reached an all time high of 103% of income in 2015 and an all time low of 75.2% in 2017. When compared to total a...
By Helgi Library - September 16, 2018
Addiko Bank Serbia's cost to income ratio reached 75.2% in 2017, down from 94.1% compared to the previous year. Historically, the bank’s costs reached an all time high of 103% of income in 2015 and an all time low of 75.2% in 2017. When compared to total a...
By Helgi Library - September 20, 2018
Addiko Bank Serbia generated total banking revenues of RSD 5,995 mil in 2017, up 24.5% compared to the previous year. Serbian banking sector banking sector generated total revenues of RSD 197,856 mil in 2017, up 7.42% when compared to the last year. ...
By Helgi Library - September 20, 2018
Addiko Bank Serbia generated total banking revenues of RSD 5,995 mil in 2017, up 24.5% compared to the previous year. Serbian banking sector banking sector generated total revenues of RSD 197,856 mil in 2017, up 7.42% when compared to the last year. ...
By Helgi Library - September 16, 2018
Addiko Bank Serbia's net interest margin amounted to 3.35% in 2017, up from 3.00% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 4.24% in 2009 and an all time low of 2.60% in 2013. The average mar...
By Helgi Library - September 16, 2018
Addiko Bank Serbia's net interest margin amounted to 3.35% in 2017, up from 3.00% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 4.24% in 2009 and an all time low of 2.60% in 2013. The average mar...
By Helgi Library - September 16, 2018
Addiko Bank Serbia's customer deposits reached RSD 61,919 mil in 2017, down 8.31% compared to the previous year. Serbian banking sector accepted customer deposits of RSD 2,111 bil in 2017, up 3.62% when compared to the last year. Addiko Bank Serbia accoun...
Addiko Bank Serbia, previously known as Hypo Alpe Adria Bank Beograd is a Serbia-based subsidiary of the Austrian Banking Group with the same name. The Bank offers a wide range of banking and other financial services to commercial and private banking clients. Its products include loans, current and saving accounts, and deposits amongst others. At the end of 2013, the Bank operated 50 branches and employed nearly 831 persons in Serbia. The Bank is headquartered in Novi Beograd, Serbia.
Addiko Bank Serbia has been growing its revenues and asset by -4.66% and -11.0% a year on average in the last 5 years. Its loans and deposits have grown by -11.6% and -6.12% a year during that time and loans to deposits ratio reached 99.5% at the end of 2017. The company achieved an average return on equity of -14.2% in the last five years with net profit growing -5.15% a year on average. In terms of operating efficiency, its cost to income ratio reached 75.2% in 2017, compared to 88.4% average in the last five years.
Equity represented 23.3% of total assets or 35.6% of loans at the end of 2017. Addiko Bank Serbia's non-performing loans were 18.2% of total loans while provisions covered some 67.7% of NPLs at the end of 2017.
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