PODGORICA (Montenegro), March 20 (SeeNews) – Montenegro’s Hipotekarna Banka [MNG:HIBP] posted a net profit of 4.3 million euro ($4.9 million) in 2018, up from 4.2 million euro in the previous year.
Hipotekarna Banka's net interest income came in at 13.6 million euro, up 5.8%, while net fee and commission income rose 21.8% to 8.6 million euro, according to the lender's financial statement, posted on the website of Montenegro's central bank.
The bank's loan portfolio amounted to 255.4 million euro, while deposits totalled 411.7 million euro at the end of December.
Following are details on Hipotekarna Banka's performance (in millions of euro):
|
2018 |
2017 |
Deposits |
411.726 |
394.716 |
Loans |
255.423 |
265.891 |
Net fee and commission income |
8.638 |
7.092 |
Net interest income |
13.612 |
12.868 |
Net profit |
4.310 |
4.216 |
($ = 0.880872 euro)
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