AIK Bank announced half-yearly financial results for the six months that show a decline in business activities of the bank , and the end result is much lower . AIK has achieved a significant drop in business from the core business. Interest income were lower by 8.8 percent compared to the same period last year and amounted to EUR 5.8 billion, while fee and commission income fell by 23.5 per cent to 368.3 million.
Despite the fact that the losses are due to write-offs and provisions were lower by 36.7 per cent ( 1.5 billion) , the end result AIK was almost half lower and amounted to 1.02 billion.
To bad end result has made contributions reduced lending activity in the first six months which felt nearly three percent to 66.2 billion.
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Assets of the bank at the end of June stood at 156.5 billion , an increase of 1.4 percent from the beginning of the year .
AIK Bank on BSE since the beginning of the year have weakened by 13 percent , the latest price of 1,362 dinars made market capitalization of the bank to 12.32 billion ( 108.2 million euros).
