Finance
Piraeus Bank Serbia has been growing its revenues and asset by
-6.02% and -4.83%
a year on average in the last 3 years.
Its loans and deposits have grown by
-7.11% and -1.23%
a year during that time and loans to deposits ratio reached
121% at the end of 2017.
The company achieved an average return on equity of
-8.00%
in the last three years with net profit growing
%
a year on average.
In terms of operating efficiency, its cost to income ratio reached
83.1% in 2017,
compared to 77.9% average in the last three years.
Equity represented 25.0% of total assets or
35.7% of loans at the end of 2017.
Piraeus Bank Serbia's non-performing loans were 7.96% of total loans
while provisions covered some 112% of NPLs
at the end of 2017.