PODGORICA (Montenegro), March 17 (SeeNews) – Montenegro’s NLB Montenegrobanka turned to a net profit of 5.5 million euro ($5.8 million) in 2014 from a net loss of 15.7 million euro a year earlier, data from the country's central bank indicated.
The bank’s net interest income fell 18% to 12.8 million euro in 2014 while net fee and commission income rose 6.5% to 3.6 million euro, figures published on the central bank's website indicated.
The bank’s total assets rose to 516.7 million euro at the end of December from 512.9 million euro a year ago.
($=0.9479 euro)