PODGORICA (Montenegro), November 5 (SeeNews) – Montenegro's Hypo Alpe-Adria Bank turned to a net profit of 1.0 million euro ($1.35 million) in the first nine months of 2013 from a net loss of 10.1 million euro a year earlier, central bank data showed.
Hypo Alpe-Adria Bank’s net interest income increased to 6.1 million euro in the first nine months from 4.7 million a year earlier, figures posted on the website of the central bank indicated.
The bank’s assets totaled 274.7 million euro at the end of September, up from 274.0 million euro a year earlier.
($=0.7404 euro)