Ljubljana, 03 October (STA) - Gorenjska Banka, which is slated to be sold to Serbian AIK bank pending regulatory approval, tripled its half-year net profit to EUR 11.38m year-on-year, shows the interim report released on Wednesday. Operating profit nearly doubled to EUR 13.8m.
Net interest revenue increased by 18% to EUR 18.33m, and fees and commissions were up 16% to EUR 6m, the report shows.
Gorenjska Banka is waiting for the central bank to allow AIK to increase its nearly 33% stake in the bank by 37.6%, after the Sava holding agreed to sell its stake in June.
AIK has already deposited the EUR 43m purchase consideration in a fiduciary account at the Central Securities Clearing Corporation, but the bank has until June 2019 to pay the money and meet the suspensive conditions of the deal.
In preparations for the takeover, Gorenjska Banka has already undergone a reshuffle of its supervisory board and the management board, with Mario Henjak becoming the new chairman in September.