Prva Banka’s assets totalled 562.85 million euro at the end of September.
Eleven banks were active in Montenegro as of the end of September. The Montenegrin unit of Hungary’s OTP Bank, CKB, ranked first with total assets of 1.21 billion euro. Hypo Alpe-Adria Bank’s Montenegrin unit came third with total assets of 500.97 million euro.
Following are the January-September financial results that Prva Banka issued in a report to Montenegro’s central bank (in millions of euro):
Jan-Sept'08 | Jan-Sept'07 | |
Net profit | 4.084 | 3.015 |
Pre-tax profit | 4.539 | 3.125 |
Net interest income | 14.817 | 5.220 |
Net income from commissions and fees | 5.456 | 4.754 |
Other income | 0.031 | 0.825 |
Prva Banka CG is majority-owned by Montenegrin businessman Aco Djukanovic, brother of the country's prime minister Milo Djukanovic.
($=0.7910 euro)