Commercial banks in Serbia recorded a profit of 90.7 billion dinars (approximately 775 million euros) in the first half of the year, reported Danas. Compared to the same period last year, net profit increased by less than two percent, as banks earned 89.2 billion dinars (around 760 million euros) in the first six months of 2024.
Data published by the National Bank of Serbia indicate that if banks operating in the domestic market repeat their first-half results in the second half of the year, their annual profit will match last year’s record of 1.5 billion euros after taxes.
Among the top performers in the first half of 2025, Italian Intesa leads with a net profit of 134.4 million euros and is on track to surpass last year’s results.
Austrian Raiffeisen Bank ranks second with 121.5 million euros, followed by Italian UniCredit with 101.8 million euros, and Hungarian OTP Bank with 101.4 million euros in net profit.
The “big six” of the Serbian banking sector is rounded out by Slovenian NLB Komercijalna banka, which reported a profit of 87.3 million euros, and the domestic private AIK Banka, which posted a net profit of 84.5 million euros in the first six months. Together, these six largest banks accounted for 81.5 percent of the total profit of the entire banking sector, which consists of 19 banks, Danas reports.
Two banks recorded losses during the first half of the year: Yettel Bank with a loss of 2.6 million euros and Mirabanka with a loss of 277,000 euros.