On 19 December consolidated
statistics for 30 September 2012 from the Banking Agency
of Republika Srpska (Агенција за банкарство Републике Српске) were made public. The statistics indicate that total loans in
the banking sector in Republika Srpska at the end of September 2012 amounted to
4.5 billion BAM, 9% higher than the level of 4.1 billion BAM at the beginning
of 2012. (1 EUR = 1.95583 BAM.) As of 30 September non-performing loans (неквалитетни
кредити) amounted to 544.2 million BAM, and the proportion of NPLs to all loans
was 12.03%, up from 11.85% at 30 June 2012 and 11.46% at the beginning of 2012,
but still well below the figures for 30 June 2011 (16.53%) and for the
beginning of 2011 (17.14%).
Sources:
Извјештај
о стању у банкарском систему Републике Српске за период 01.01.2012.-30.06.2012.
године (August 2012)
In other news, on
19 December the Republika Srpska Securities Commission (Комисија за хартије од
вриједности Републике Српске) announced that the name of the commercial bank “Volksbank
a.d. Banja Luka ” had been
officially changed to “Sberbank a.d. Banja Luka ”. This bank, first incorporated in 1999 as “Zepter
Komerc banka a.d. Banja Luka ”, was bought in
July 2007 by Volksbank International AG of Vienna , and the name was
changed to “Volksbank a.d. Banja Luka ”. On 15
February 2012 the Russian banking giant Sberbank (ОАО “Сбербанк
России”) completed its acquisition of 100% of Volksbank International AG, which
was renamed to “Sberbank Europe AG”, and the name change of the subsidiary in Banja Luka reflects the
change in ownership of the parent corporation.
Sources:
Mark Pleas
[contact]