PODGORICA (Montenegro), November 1 (SeeNews) – Montenegro’s Crnogorska Komercijalna Banka [MNG:CKBP] said its net profit increased to 8.3 million euro ($9.7 million) in the first nine months of 2017 from 1.1 million euro in the respective period of last year.
Net interest income came in at 15.6 million euro in the period under review, down 1.2% on the year, while net fee and commission income fell 7.1% to 6.5 million euro, according to the bank's interim financial statement posted on the website of Montenegro's central bank.
Crnogorska Komercijalna Banka, owned by Hungary’s OTP, had a loan portfolio of 336.5 million euro and a deposit portfolio of 506.8 million euro at the end of September.
Following are details on Crnogorska Komercijalna Banka's performance (in millions of euro):
| |
9-mo'17 |
9-mo'16 |
| Net interest income |
15.596 |
15.764 |
| Net fee and commission income |
6.452 |
6.993 |
| Operating profit |
8.261 |
1.082 |
| Net profit |
8.261 |
1.082 |
($ = 0.859159 euro)
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