PODGORICA (Montenegro), August 22 (SeeNews) – Montenegrin lender Atlas Banka said its net profit rose to 1.1 million euro ($1.3 million) in the first half of 2018 from 161,000 euro in the like period of the previous year.
The bank's net interest income fell 33.3% on the year to 1.6 million euro in the first half, while net fee and commission income rose by 32.3% to 4.1 million euro, according to the lender's interim financial statement, posted on the website of Montenegro's central bank.
Atlas Banka's loan portfolio stood at 161.7 million euro and deposits came in at 222.9 million euro at the end of June.
Following are details on Atlas Banka's performance (in millions of euro):
|
H1'18 |
H1'17 |
Loans |
161.720 |
136.242 |
Deposit |
222.895 |
192.242 |
Net fee and commission income |
4.113 |
3.125 |
Net interest income |
1.584 |
2.397 |
Net profit |
1.14 |
0.161 |
($ = 0.862672 euro)