Bosnias average net wage up 2.2% y/y in October

By bne IntelliNews December 19, 2012
Bosnias banking sector profit climbed 30.2% on the year to BAM 107.9mn (EUR 55mn) in Jan-Jun 2012, the central bank said in its two-month bulletin. Net banking sector assets shrank 1% y/y to BAM 146mn at end-June. Total deposits dropped by 2% in the first six months of the current year to BAM 14.8bn driven by a 10% decline in corporate deposits, which accounted to 12% of total deposits. Household deposits, however, climbed 2% over the period, generating 50% of all deposit portfolio. Total loan stock of the sector increased 2% since end-2011 to BAM 14.9bn to end-June, supported by rise in both corporate (up 3%, or by BAM 184mn, accounting for 47% of total) and household loans (up 1%, or by BAM 76mn, accounting for 45% of all). A total of 29 banks were operating in Bosnia at the end of June, unchanged from end-2011.
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