PODGORICA (Montenegro), March 5 (SeeNews) – The net profit of Montenegrin unit of Austria's Erste Group increased to 5.3 million euro ($7.3 million) in 2013 from 4.4 million euro a year earlier, data from Montenegro's central bank indicated
The bank’s net interest income of Erste Bank AD Podgorica fell to 17.1 million euro in 2013 from 18.2 million a year earlier, data published on the central bank's website indicated.
The bank's assets edged up to 350.9 million euro at the end of December 2013, from 348.4 million euro a year earlier.
Twelve banks operate in Montenegro, a market of around 630,000.
($=0.7234 euro)