Montenegrin Unit of Austria's Hypo Alpe-Adria-Bank Cuts 9-mo Loss to 9.8 Mln Euro - Table

Hypo Alpe-Adria-Bank started operations in Montenegro in 2006.

The Montenegrin lender had assets of some 500.97 million euro at the end of September, ranking it as Montenegro's third largest bank.

Eleven banks were active in Montenegro at the end of September. The biggest was Crnogorska Komercijalna Banka, owned by Hungary's OTP Bank, with total assets of some 1.21 billion euro, while Prva Banka Crne Gore ranked second with total assets of 562.85 million euro.

Following are details from Hypo Alpe-Adria Bank Podgorica's report to Montenegro's central bank (in millions of euro):

($=0.7912 euro)