12 minutes agoIn governing Kurti Kosovo banks break post-war records, 100mn Euroml clean profit for 7 months
Periskopi(3 years ago)
(3 years ago)Over 96m euros have achieved the clear profit of commercial banks for the January-July 2023 period, a profit that has never been achieved since the post-war. According to the Kosovo Central Bank (BQK), the country's banking sector over this period has realised total revenues worth over 240m euros, [...]
According to the Kosovo Central Bank (BQK), the country's banking sector over this period has realised total revenues of over 240m euros, while after spending 145m euros, clean profits have reached 96.4m euros.
This high amount of profits, the highest since postwar, is the result of expensive credit and banking services. The average credit rate has reached 6.6 percent, while the average interest rate in deposits is 2.7%. / FO
