PODGORICA (Montenegro), September 16 (SeeNews) – Montenegro's Universal Capital Bank [MNG:FFBN] said its net profit went up to 1.9 million euro ($2.1 million) in the first half of 2019 from 151,000 euro in the like period of last year.
The bank's net interest income came in at 1.5 million euro, up 28.2%, while net fee and commission income rose to 1.8 million euro from 194,000 euro, according to the interim financial statement of Universal Capital Bank, posted on the website of Montenegro's central bank.
The loan portfolio of Universal Capital Bank amounted to 111.6 million euro, while deposits totalled 264 million euro at the end of June.
Following are details on Universal Capital Bank's performance (in million euro):
|
H1'19 |
H1'18 |
Deposits |
263.980 |
219.583 |
Loans |
111.642 |
104.014 |
Net fee and commission income |
1.825 |
0.194 |
Net interest income |
1.509 |
1.177 |
Net profit |
1.91 |
0.151 |
($ = 0.903965 euro)