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Montenegro's Prva Banka 9-mo net profit rises - table

Author Radomir Ralev
Montenegro's Prva Banka 9-mo net profit rises - table Source: Rozaje.me

PODGORICA (Montenegro), November 13 (SeeNews) – Montenegro’s Prva Banka Crne Gore [MNE:PBCG] recorded a net profit of 1.2 million euro ($1.3 million) in the first nine months of 2019, up from 338,000 euro in the like period of last year, data from the country's central bank showed.

The bank's net interest income amounted to 7.1 million euro in the first nine months, down from 8.5 million euro in the first nine months of 2018, while net fee and commission income went down to 1.8 million euro from 1.9 million euro, according to the lender's interim financial statement, posted on the website of the Montenegro Stock Exchange.

The bank's loan portfolio amounted to 219.6 million euro, while deposits totalled 333.9 million euro at the end of September.

Following are details on Prva Banka's performance (in millions of euro):

  9-mo'19 9-mo'18
Deposits 333.889 342.923
Loans 219.620 215.306
Net fee and commission income 1.775 1.938
Net interest income 7.062 8.497
Net profit 1.204 0.338

($ = 0.907701 euro)

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