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Montenegro's Crnogorska Komercijalna Banka 9-mo net profit climbs 24%

Nov 8, 2022, 3:57:01 PMArticle by Djordje Jajcanin
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November 8 (SeeNews) - Montenegro’s Crnogorska Komercijalna Banka [MNG:CKBP] recorded a net profit of 19.83 million euro ($19.8 million) in the nine months through September, up 24% from the like period of last year, the bank said.

Montenegro's Crnogorska Komercijalna Banka 9-mo net profit climbs 24%
Source: Crnogorska Komercijalna Banka

Net interest income came in at 38.4 million euro in the first nine months of 2022, up 9.2% on the year, while net fee and commission income grew 45.6% to 10.4 million euro, according to data posted on the website of Montenegro's central bank.

Following are details on Crnogorska Komercijalna Banka's performance (in millions of euro):

9-mo'22 9-mo'21
Net interest income 38.337 35.158
Net fee and commission income 10.406 7.146
Net profit 19.834 15.970

($ = 1.0007 euro)

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