Croatian banks aggregate profit up by 23.7% y/y in Jan-May.

By bne IntelliNews July 5, 2011
The aggregate profit of the Croatian commercial banks surged by 23.7% y/y to HRK 1.9bn in Jan-May, preliminary central bank data showed. The bank assets increased by 6.3% y/y to HRK 398.1bn as at end-May, accounting for 114.1% of the projected full-year GDP in our calculations, versus 112% a year ago.

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