BQK: Bank winning in the first three months of 40.3m euros

BQK: Bank winning in the first three months of 40.3m euros

Commercial banks in Kosovo continue to remain corporations with the highest profit. In the first three months of this year, commercial banks have achieved clean net profit of 40.3m euros. The net profit of commercial banks is 40.3m euros by March”, the report published by the Central Bank and [...]

In the first three months of this year, commercial banks have achieved clean net profit of 40.3m euros.

The net profit of commercial banks is 40.3m euros by March”, said in the report published by the Central Bank of Kosovo (BQK).

According to the report in question, in March alone, banks have realised net 15.1m euros or over half a million euros in profit per day. In January and February, bank profit was 25.2m euros,

In addition to increasing credit rates, some banks have started raising prices for banking services as well.

This report says that credit rates have reached 6.3 percent, until the first part of 2022 was below 6 percent.

For the benefit, even microfinancial institutions, which through March received net profits of 4.2m euros, do not stand badly.

Currently, 12 commercial banks operate on the Kosovo market, of which 9 are of foreign capital. While, the number of Microsoft Financial Institutions 31, out of which have been owned by 14 foreign-owned 9.

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