Register

Institutional Sign In

Go
Home » Companies » Banking in Serbia » Raiffeisenbank Serbia

Raiffeisenbank Serbia

Raiffeisen Serbia's customer deposits rose 4.82% to RSD 200,906 mil in 2017

By Helgi Library - September 17, 2018

Raiffeisenbank Serbia's customer deposits reached RSD 200,906 mil in 2017, up 4.82% compared to the previous year. Serbian bank...

Raiffeisen Serbia's customer deposits rose 4.82% to RSD 200,906 mil in 2017

By Helgi Library - September 17, 2018

Raiffeisenbank Serbia's customer deposits reached RSD 200,906 mil in 2017, up 4.82% compared to the previous year. Serbian bank...

Raiffeisen Serbia's net profit rose 22.5% to RSD 6,627 mil in 2017

By Helgi Library - September 17, 2018

Raiffeisenbank Serbia made a net profit of RSD 6,627 mil in 2017, up 22.5% compared to the previous year. This implies a return ...

Annual Quarterly LTM
Profit Statement 2015 2016 2017
Net Interest Income RSD mil 10,483 9,702 9,602
Net Fee Income RSD mil 3,540 3,603 3,812
Other Income RSD mil 1,456 1,790 2,128
Total Revenues RSD mil 15,480 15,094 15,542
Staff Cost RSD mil 3,007 3,062 2,974
Operating Profit RSD mil 6,619 6,543 6,572
Provisions RSD mil 1,774 372 -994
Net Profit RSD mil 4,342 5,411 6,627
Balance Sheet 2015 2016 2017
Interbank Loans RSD mil 28,864 18,116 14,378
Customer Loans RSD mil 117,197 124,649 137,693
Total Assets RSD mil 234,426 254,025 264,621
Shareholders' Equity RSD mil 55,105 56,138 57,444
Interbank Borrowing RSD mil 3,079 3,433 3,152
Customer Deposits RSD mil 174,319 191,661 200,906
Issued Debt Securities RSD mil 104 122 122
Ratios 2015 2016 2017
ROE % 7.83 9.73 11.7
ROA % 1.89 2.22 2.56
Costs (As % Of Assets) % 3.86 3.50 3.46
Costs (As % Of Income) % 57.2 56.7 57.7
Capital Adequacy Ratio % 28.0 24.0 26.9
Net Interest Margin % 4.57 3.97 3.70
Loans (As % Of Deposits) % 67.2 65.0 68.5
NPLs (As % Of Loans) % 12.3 9.73 4.74
Provisions (As % Of NPLs) % 89.0 91.1 95.5
Growth Rates 2015 2016 2017
Total Revenue Growth % -5.43 -2.49 2.97
Operating Cost Growth % 9.61 -3.50 4.91
Operating Profit Growth % -20.1 -1.15 0.432
Net Profit Growth % -16.9 24.6 22.5
Customer Loan Growth % -3.40 6.36 10.5
Total Asset Growth % 4.59 8.36 4.17
Customer Deposit Growth % 18.7 9.95 4.82
Shareholders' Equity Growth % -1.34 1.87 2.33
Employees 1,482 1,458 1,477

Get all company financials in excel:

Download Sample   $19.99

summary Unit 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                                
Net Interest Income RSD mil                   9,967 9,897 11,234 11,534 10,483    
Total Revenues RSD mil                   14,690 16,065 16,956 16,369 15,480    
Operating Profit RSD mil                   7,020 7,765 8,773 8,285 6,619    
Net Profit RSD mil                   4,991 5,412 5,411 5,228 4,342    
balance sheet                                
Interbank Loans RSD mil                   49,704 40,028 20,731 29,660 28,864    
Customer Loans RSD mil                   105,483 117,170 111,919 121,324 117,197    
Debt Securities RSD mil                   23,701 21,611 20,291 28,148 29,452    
Total Assets RSD mil                   193,508 199,550 205,164 224,134 234,426    
Shareholders' Equity RSD mil                   55,023 55,498 56,355 55,852 55,105    
Interbank Borrowing RSD mil                   11,120 9,237 20,180 19,649 3,079    
Customer Deposits RSD mil                   120,488 127,752 123,839 146,859 174,319    
Issued Debt Securities RSD mil                   4,233 4,583 2,485 115 104    
ratios                                
ROE %                   9.50 9.79 9.68 9.32 7.83    
ROA %                   2.68 2.75 2.67 2.44 1.89    
Costs (As % Of Assets) %                   4.12 4.22 4.04 3.77 3.86    
Costs (As % Of Income) %                   52.2 51.7 48.3 49.4 57.2    
Capital Adequacy Ratio % ... ...               24.9 20.0 30.2 30.0 28.0    
Net Interest Margin %                   5.35 5.04 5.55 5.37 4.57    
Interest Income (As % Of Revenues) %                   67.8 61.6 66.3 70.5 67.7    
Fee Income (As % Of Revenues) %                   24.8 24.9 18.7 20.3 22.9    
Staff Cost (As % Of Total Cost) %   ... ... ... ... ... ...     46.4 46.0 38.4 36.9 33.9    
Equity (As % Of Assets) %                   28.4 27.8 27.5 24.9 23.5    
Loans (As % Of Deposits) %                   87.5 91.7 90.4 82.6 67.2    
Loans (As % Assets) %                   54.5 58.7 54.6 54.1 50.0    
NPLs (As % Of Loans) % ... ... ... ... ...         12.8 10.2 13.1 12.9 12.3    
Provisions (As % Of NPLs) % ... ... ... ... ...         57.7 82.6 67.4 73.7 89.0    
valuation                                
Book Value Per Share Growth % ...                 7.15 -0.695 13.5 2.67 -9.11    
income statement Unit 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                                
Interest Income RSD mil                   13,614 13,522 14,001 13,609 11,737    
Interest Cost RSD mil                   3,647 3,624 2,767 2,075 1,254    
Net Interest Income RSD mil                   9,967 9,897 11,234 11,534 10,483    
Net Fee Income RSD mil                   3,643 3,995 3,178 3,322 3,540    
Other Income RSD mil                   1,080 2,172 2,544 1,513 1,456    
Total Revenues RSD mil                   14,690 16,065 16,956 16,369 15,480    
Staff Cost RSD mil   ... ... ... ... ... ...     3,558 3,816 3,139 2,984 3,007    
Depreciation RSD mil   ... ... ... ... ... ...     909 872 780 668 712    
Other Cost RSD mil   ... ... ... ... ... ...     3,203 3,612 4,264 4,433 5,142    
Operating Cost RSD mil                   7,670 8,299 8,182 8,084 8,861    
Operating Profit RSD mil                   7,020 7,765 8,773 8,285 6,619    
Provisions RSD mil                   1,712 1,641 2,617 2,445 1,774    
Extra and Other Cost RSD mil                   -0.001 0 0 0 0    
Pre-Tax Profit RSD mil                   5,308 6,124 6,156 5,839 4,845    
Tax RSD mil                   371 339 745 612 503    
Minorities RSD mil                   0 0 0 0 0    
Net Profit RSD mil                   4,991 5,412 5,411 5,228 4,342    
growth rates                                
Net Interest Income Growth % ...                 7.15 -0.695 13.5 2.67 -9.11    
Net Fee Income Growth % ...                 1.30 9.66 -20.4 4.51 6.59    
Total Revenue Growth % ...                 9.91 9.36 5.55 -3.46 -5.43    
Operating Cost Growth % ...                 -2.58 8.20 -1.41 -1.20 9.61    
Operating Profit Growth % ...                 27.8 10.6 13.0 -5.57 -20.1    
Pre-Tax Profit Growth % ...                 83.0 15.4 0.517 -5.14 -17.0    
Net Profit Growth % ...                 78.9 8.44 -0.026 -3.39 -16.9    
market share                                
Market Share in Revenues %                   8.91 9.50 10.4 9.37 8.44    
Market Share in Net Profit % ... ... ...             399 46.5 ... 230 58.3    
Market Share in Employees % ... ...               5.77 5.94 5.78 6.02 6.11    
Market Share in Branches % ... ...               3.48 3.70 4.17 4.64 4.80    
balance sheet Unit 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
balance sheet                                
Cash RSD mil                   8,591 14,156 45,006 38,202 52,144    
Interbank Loans RSD mil                   49,704 40,028 20,731 29,660 28,864    
Customer Loans RSD mil                   105,483 117,170 111,919 121,324 117,197    
Retail Loans RSD mil ... ... ... ... ... ... ... ... ... 40,875 45,921 49,000 53,000 57,429    
Corporate Loans RSD mil ... ... ... ... ... ... ... ... ... 64,608 71,250 62,919 68,324 59,768    
Debt Securities RSD mil                   23,701 21,611 20,291 28,148 29,452    
Fixed Assets RSD mil                   5,393 5,680 5,350 5,094 4,849    
Total Assets RSD mil                   193,508 199,550 205,164 224,134 234,426    
Shareholders' Equity RSD mil                   55,023 55,498 56,355 55,852 55,105    
Of Which Minority Interest RSD mil                   0 0 0 0 0    
Liabilities RSD mil                   138,486 144,052 148,810 168,282 179,321    
Interbank Borrowing RSD mil                   11,120 9,237 20,180 19,649 3,079    
Customer Deposits RSD mil                   120,488 127,752 123,839 146,859 174,319    
Retail Deposits RSD mil ... ... ... ... ... ... ... ... ... 69,238 77,712 ... ... ... ... ...
Corporate Deposits RSD mil ... ... ... ... ... ... ... ... ... 50,357 48,536 ... ... ... ... ...
Issued Debt Securities RSD mil                   4,233 4,583 2,485 115 104    
Other Liabilities RSD mil                   2,645 2,480 2,305 1,658 1,819    
asset quality                                
Non-Performing Loans RSD mil ... ... ... ... ...         14,566 13,059 16,072 17,291 16,234    
Gross Loans RSD mil ... ... ... ... ...         113,894 127,955 122,756 134,068 131,648    
Total Provisions RSD mil ... ... ... ... ...         8,411 10,784 10,838 12,744 14,452    
growth rates                                
Customer Loan Growth % ...                 9.83 11.1 -4.48 8.40 -3.40    
Retail Loan Growth % ... ... ... ... ... ... ... ... ... ... 12.3 6.71 8.16 8.36    
Corporate Loan Growth % ... ... ... ... ... ... ... ... ... ... 10.3 -11.7 8.59 -12.5    
Total Asset Growth % ...                 8.22 3.12 2.81 9.25 4.59    
Shareholders' Equity Growth % ...                 9.98 0.864 1.54 -0.891 -1.34    
Customer Deposit Growth % ...                 6.26 6.03 -3.06 18.6 18.7    
Retail Deposit Growth % ... ... ... ... ... ... ... ... ... ... 12.2 ... ... ... ... ...
Corporate Deposit Growth % ... ... ... ... ... ... ... ... ... ... -3.62 ... ... ... ... ...
market share                                
Market Share in Customer Loans %                   5.31 5.21 5.07 5.09 4.65    
Market Share in Corporate Loans % ... ... ... ... ... ... ... ... ... 6.35 6.37 6.21 7.04 6.02    
Market Share in Consumer Loans % ... ... ... ... ... ... ... ... ... 6.79 7.04 7.27 7.31 7.57    
Market Share in Total Assets %                   6.67 6.32 6.52 6.78 6.84    
Market Share in Customer Deposits %                   8.69 8.34 7.77 8.55 9.53    
Market Share in Retail Deposits % ... ... ... ... ... ... ... ... ... 8.10 7.86 ... ... ... ... ...
Market Share in Corporate Deposits % ... ... ... ... ... ... ... ... ... 11.9 11.2 ... ... ... ... ...
ratios Unit 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
ratios                                
ROE %                   9.50 9.79 9.68 9.32 7.83    
ROA %                   2.68 2.75 2.67 2.44 1.89    
Costs (As % Of Assets) %                   4.12 4.22 4.04 3.77 3.86    
Costs (As % Of Income) %                   52.2 51.7 48.3 49.4 57.2    
Capital Adequacy Ratio % ... ...               24.9 20.0 30.2 30.0 28.0    
Tier 1 Ratio % ... ... ... ... ... ... ... ... ... ... ... 31.6 29.7 27.8    
Net Interest Margin %                   5.35 5.04 5.55 5.37 4.57    
Interest Spread % ...                 4.58 4.31 5.03 5.03 4.40    
Asset Yield %                   7.31 6.88 6.92 6.34 5.12    
Cost Of Liabilities % ...                 2.73 2.57 1.89 1.31 0.721    
Interest Income (As % Of Revenues) %                   67.8 61.6 66.3 70.5 67.7    
Fee Income (As % Of Revenues) %                   24.8 24.9 18.7 20.3 22.9    
Other Income (As % Of Revenues) %                   7.35 13.5 15.0 9.24 9.41    
Cost Per Employee USD per month ... ... ... ... ... ... ...     2,399 2,144 2,014 1,797 1,600    
Cost Per Employee (Local Currency) RSD per month ... ... ... ... ... ... ...     175,977 188,599 171,531 164,554 169,073    
Staff Cost (As % Of Total Cost) %   ... ... ... ... ... ...     46.4 46.0 38.4 36.9 33.9    
Equity (As % Of Assets) %                   28.4 27.8 27.5 24.9 23.5    
Loans (As % Of Deposits) %                   87.5 91.7 90.4 82.6 67.2    
Loans (As % Assets) %                   54.5 58.7 54.6 54.1 50.0    
NPLs (As % Of Loans) % ... ... ... ... ...         12.8 10.2 13.1 12.9 12.3    
Provisions (As % Of NPLs) % ... ... ... ... ...         57.7 82.6 67.4 73.7 89.0    
Provisions (As % Of Loans) % ... ... ... ... ...         7.97 9.20 9.68 10.5 12.3    
Cost of Provisions (As % Of Loans) %                   1.70 1.47 2.29 2.10 1.49    
other data Unit 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
other data                                
Branches ... ...               83.0 83.0 83.0 83.0 83.0    
Employees ... ...               1,685 1,686 1,525 1,511 1,482    
Clients mil ... ... ... ... ... ... ... ... ... ... ... ... ... 0.666    

Get all company financials in excel:

Download Sample   $19.99

Raiffeisen Serbia's net profit rose 22.5% to RSD 6,627 mil in 2017

By Helgi Library - September 17, 2018

Raiffeisenbank Serbia made a net profit of RSD 6,627 mil in 2017, up 22.5% compared to the previous year. This implies a return on equity of 11.7%. Historically, the bank’s net profit reached an all time high of RSD 6,627 mil in 2017 and an all time low of ...

Raiffeisen Serbia's npls (as % of loans) fell 51.3% to 4.74% in 2017

By Helgi Library - September 17, 2018

Raiffeisenbank Serbia's non-performing loans reached 4.74% of total loans at the end of 2017, down from 9.73% compared to the previous year. Historically, the NPL ratio hit an all time high of 13.1% in 2013 and an all time low of 4.74% in 2017. Provision co...

Raiffeisen Serbia's npls (as % of loans) fell 51.3% to 4.74% in 2017

By Helgi Library - September 17, 2018

Raiffeisenbank Serbia's non-performing loans reached 4.74% of total loans at the end of 2017, down from 9.73% compared to the previous year. Historically, the NPL ratio hit an all time high of 13.1% in 2013 and an all time low of 4.74% in 2017. Provision co...

Raiffeisen Serbia's customer loans rose 10.5% to RSD 137,693 mil in 2017

By Helgi Library - September 17, 2018

Raiffeisenbank Serbia's customer loans reached RSD 137,693 mil in 2017, up 10.5% compared to the previous year. Serbian banking sector provided customer loans of RSD 2,702 bil in 2017, up 1.16% when compared to the last year. Raiffeisenbank Serbia account...

Raiffeisen Serbia's customer loans rose 10.5% to RSD 137,693 mil in 2017

By Helgi Library - September 17, 2018

Raiffeisenbank Serbia's customer loans reached RSD 137,693 mil in 2017, up 10.5% compared to the previous year. Serbian banking sector provided customer loans of RSD 2,702 bil in 2017, up 1.16% when compared to the last year. Raiffeisenbank Serbia account...

Raiffeisen Serbia's corporate loans rose 16.0% to RSD 73,990 mil in 2017

By Helgi Library - September 17, 2018

Raiffeisenbank Serbia's corporate loans reached RSD 73,990 mil in 2017, up 16.0% compared to the previous year. Serbian banking sector provided corporate loans of RSD 1,012 bil in 2017, up 0.160% when compared to the last year. Raiffeisenbank Serbia accou...

Raiffeisen Serbia's corporate loans rose 16.0% to RSD 73,990 mil in 2017

By Helgi Library - September 17, 2018

Raiffeisenbank Serbia's corporate loans reached RSD 73,990 mil in 2017, up 16.0% compared to the previous year. Serbian banking sector provided corporate loans of RSD 1,012 bil in 2017, up 0.160% when compared to the last year. Raiffeisenbank Serbia accou...

Raiffeisen Serbia's costs (as % of assets) fell 1.20% to 3.46% in 2017

By Helgi Library - September 17, 2018

Raiffeisenbank Serbia's cost to income ratio reached 57.7% in 2017, up from 56.7% compared to the previous year. Historically, the bank’s costs reached an all time high of 58.9% of income in 2010 and an all time low of 48.3% in 2013. When compared to total...

Raiffeisen Serbia's costs (as % of assets) fell 1.20% to 3.46% in 2017

By Helgi Library - September 17, 2018

Raiffeisenbank Serbia's cost to income ratio reached 57.7% in 2017, up from 56.7% compared to the previous year. Historically, the bank’s costs reached an all time high of 58.9% of income in 2010 and an all time low of 48.3% in 2013. When compared to total...

Raiffeisen Serbia's net interest margin fell 6.79% to 3.70% in 2017

By Helgi Library - September 17, 2018

Raiffeisenbank Serbia's net interest margin amounted to 3.70% in 2017, down from 3.97% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 6.49% in 2008 and an all time low of 3.01% in 2003. The averag...

More News

Raiffeisen banka a.d. Beograd (or Raiffeisenbank Serbia) is a Serbia-based medium-sized universal bank. The Bank offers its financial products and services to private customers, small and medium size enterprises, and large corporates. At the end of 2014, the Bank had some 83 branches units and employed some 1,511 persons. Raiffeisen banka a.d. Beograd was founded in 2001 and is headquartered in Belgrade, Serbia. The Bank is effectively a 100% subsidiary of Raiffeisen Bank International AG (RBI), which is one of the biggest players in the emerging Europe. The bank now operates in 17 different countries, employes about 60,000 people and services approximatelly 14.4 million customers through more than 3,100 branches.

Raiffeisenbank Serbia Logo

Finance

Raiffeisenbank Serbia has been growing its revenues and asset by 3.13% and 5.35% a year on average in the last 10 years. Its loans and deposits have grown by 8.47% and 6.40% a year during that time and loans to deposits ratio reached 68.5% at the end of 2017. The company achieved an average return on equity of 9.64% in the last decade with net profit growing 4.02% a year on average. In terms of operating efficiency, its cost to income ratio reached 57.7% in 2017, compared to 53.7% average in the last decade.

Equity represented 21.7% of total assets or 41.7% of loans at the end of 2017. Raiffeisenbank Serbia's non-performing loans were 4.74% of total loans while provisions covered some 95.5% of NPLs at the end of 2017.

More Companies in Serbian Banking Sector

Helgi Library
Eliášova 38, Prague 6, 160 00, Czech Republic
Copyright © 2024 Helgi Library. All rights reserved.