Raiffeisen Stavebni Sporitelna's net interest margin amounted to 1.35% in the fourth quarter of 2017, up from 1.08% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 2.22% in 4Q2008 and an all time low of 0.412% in 3Q2003. The average margin in the last six quarters amounted to 1.31%.
Average asset yield was 2.49% in 4Q2017, down from 2.82% when compared to the same period last year. On the other hand, cost of funding amounted to 1.23% in 4Q2017, down from 1.43%.
When compared to bank's main peers, Ceskomoravska Stavebni Sporitelna operated in the fourth quarter of 2017 with a net interest margin of 1.40% Modra Pyramida Stavebni Sporitelna reached 1.79% and Stavebni Sporitelna Ceske Sporitelny some 1.32%.