PODGORICA (Montenegro), May 21 (SeeNews) – Montenegro’s Crnogorska Komercijalna Banka [MNG:CKBP] said its net profit increased to 10 million euro ($11.1 million) in 2018 from 9.1 million euro in the previous year.
Net interest income came in at 24.2 million euro in 2018, up 6.1%, while net fee and commission income grew 2.6% to 7.8 million euro, according to the bank's anjual financial statement posted on the website of the Montenegro Stock Exchange.
Crnogorska Komercijalna Banka, owned by Hungary’s OTP, had a loan portfolio of 453.5 million euro and a deposit portfolio of 349.6 million euro at the end of December 2018.
Following are details on Crnogorska Komercijalna Banka's performance (in millions of euro):
|
2019 |
2018 |
Net interest income |
24.242 |
22.756 |
Net fee and commission income |
7.812 |
7.601 |
Net profit |
9.978 |
9.129 |
($ = 0.897104 euro)
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