November 19 (SeeNews) - Montenegro's Zapad Banka said its net profit went down to 450,000 euro ($508,600) in the first nine months of 2021 from 526,000 euro in the like period of last year.
The bank's net interest income came in at 2.7 million euro, up from 2.1 million euro in January-September 2020, while net fee and commission income rose to 1.0 million euro from 364,000 euro, according to the interim financial statement of Zapad Banka, posted on the website of Montenegro's central bank.
Following are details on Zapad Banka's performance (in million euro):
|
9-mo'21 |
9-mo'20 |
Net fee and commission income |
1.046 |
0.364 |
Net interest income |
2.664 |
2.131 |
Net profit |
0.450 |
0.526 |
($ = 0.88471 euro)