November 15 (SeeNews) - Montenegro's Lovcen Banka said its net profit went down to 698,000 euro ($800,000) in the first nine months of 2021 from 1.4 million euro in the like period of last year.
The bank's net interest income came in at 6.0 million euro, down 2.8% on the year, while net fee and commission income grew to 150,000 euro from 80,000 euro, according to the interim financial statement of Lovcen Banka, posted on the website of Montenegro's central bank.
Following are details on Lovcen Banka's performance (in million euro):
|
9-mo'21 |
9-mo'20 |
Net fee and commission income |
0.150 |
0.080 |
Net interest income |
5.964 |
6.134 |
Net profit |
0.698 |
1.415 |
($ = 0.8733 euro)