KOMERCIJALNA BANKA PROFIT DOWN 46.2%
admin1 – March 1, 2006 – 3:46pm

Macedonia's largest home-owned bank, Komercijalna banka, made profit last year of 395.75 million denars (6.46 million euros), according to the non-audited financial data posted on the website of the Macedonian Stock Exchange.

Compared with 2004, Komercijalna banka's profit went down 46.2 percent. The bank's overall income last year totaled 4.57 billion denars (74.75 million euros), which is a 9.54 percent rise from 2004.

Komercijalna banka's expenditure last year increased 21.5 percent, to 4.13 billion denars (67.5 million euros).