November 7 (SeeNews) - Erste Bank Podgorica, the Montenegrin unit of Austria's Erste Group, said its net profit rose to 5.8 million euro ($5.8 million) in the first half of 2022 from 3.9 million euro in the like period of last year.
The bank's net interest income came in at 11.9 million euro in the first half of 2022, the same as in January-June 2021, while net fee and commission income grew to 1.8 million euro from 1.4 million euro, according to the lender's financial statement posted on the website of Montenegro's central bank.
Following are details on Erste Bank Podgorica's performance (in millions of euro):
|
H1'22 |
H1'21 |
Net interest income |
11.887 |
11.874 |
Net fee and commission income |
1.810 |
1.439 |
Net profit |
5.807 |
3.869 |
($ = 0.9997 euro)