Bulgarian Lender CCB Lowers H1 Cons Net Profit on Decrease in Revenue

Bulgarian Lender CCB Lowers H1 Cons Net Profit on Decrease in Revenue

The consolidated net profit of Bulgaria's Central Cooperative Bank (CCB) [BUL:4CF] fell to 14.5 million levs ($8.6 million/7.4 million euro) in the first half the year from 17.5 million levs in the same period of 2017, the lender said. CCB's net interest income fell to 58.2 million levs in the first six months of 2018 from 63.9 million levs a year earlier, according to figures from the company's interim financial statement, published on Thursday. Net fee and commission income amounted to 24.1 million levs in the review period, up from 23.8 million levs in the corresponding period of 2017.

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