Erste Bank a.d. Novi Sad: Continuation of Positive Business Trends from the Previous Quarters

• Loans to individuals and micro clients record a slight growth by 2.4% relative to the end of 2023, and amount to 111.91 billion dinars at the end of Q2 2024; deposits of individuals and micro clients increased by 8.1% to 157.01 billion dinars.
• Corporate loans went up by 1.6% relative to the end of 2023 and amount to 125.58 billion dinars; corporate deposits rose by 0.5% to 109.73 billion dinars.
• Net interest income increased by 15.8% relative to the same period of the previous year and amounts to 7.95 billion dinars at the end of Q2 2024.
• Total assets increased from 379 billion dinars at the end of 2023 to 392 billion dinars at the end of Q2 2024.
• NPL ratio is 2.6% at the end of Q2 2024.

"Although the movements of macroeconomic indicators are still uncertain, at the end of the second quarter of 2024 we continue to record positive business trends, first of all the growth of loans and deposits in all segments. What also confirms that our business is stable is the very low NPL ratio, as a result of our prudent approach to risk management. The achieved results reflect the exceptional dedication and engagement of our team, as well as the trust of our clients, with whom we are building long-term partnerships", said Jasna Terzić, CEO of Erste Bank a.d. Novi Sad.