Montenegro’s Invest Banka turns to 9-mo net profit

The bank’s net interest income rose to 1.07 million euro in the January-September period from 779,000 a year earlier, according to data published on the CBM website.

Invest Banka’s assets totaled 39.2 million euro as of September 30, up from 33.1 million euro a year earlier.

Twelve banks operate in Montenegro, a market of around 630,000.

($=0.7845 euro)