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Montenegro's Prva Banka grows net profit in 2023

May 27, 2024, 4:55:10 PMArticle by Djordje Jajcanin
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May 27 (SeeNews) - Montenegro’s Prva Banka Crne Gore [MNE:PBCG] said on Monday that it recorded a net profit of 76,000 euro ($82,458) in 2023, compared to a net profit of 62,000 euro in the previous year.

Montenegro's Prva Banka grows net profit in 2023
Source: Rozaje.me

The bank's net interest income amounted to 8.4 million euro in 2023, increasing from 6.7 million euro in 2022, while net fee and commission income went up to 2.5 million euro from 2 million euro, Prva Banka Crne Gore said in a bourse filing.

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

2023 2022
Net fee and commission income 2.483 1.960
Net interest income 8.413 6.705
Net profit/loss 0.076 0.062

$ = 0.9216 euro

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