Earnings in the banking sector increase in the first half of 2014

Earnings in the banking sector increase in the first half of 2014

Skopje, September 12, 2014/Independent Balkan News Agency

By Naser Pajaziti

Profits for banks in FYROM in the first half of this year have gone up by 3,5% as opposed to last year.

This data was published by the central bank of the country. Based on the report of the Bank, if this trend continues until the end of the year, then earnings for private banks will go back to the level before the global economic crisis.

In the first half of 2014, earnings for 10 private banks in the country have been 20 million Euros. The figures indicate that incomes from loans, provisions and extra payments are higher than last year. /ibna/