November 24 (SeeNews) - Ziraat Bank Montenegro, a unit of Turkey’s Ziraat Bankasi, said its net profit went down to 111,000 euro ($125,000) in the first nine months of 2021 from 338,000 euro in the like period of last year.
The bank's net interest income came in at 1.4 million euro, up from 1.8 million euro in January-September 2021, while net fee and commission income rose to 430,000 euro from 302,000 euro, according to the interim financial statement of Zapad Banka, posted on the website of Montenegro's central bank.
Following are details on Zapad Banka's performance (in million euro):
|
9-mo'21 |
9-mo'20 |
Net fee and commission income |
1.441 |
1.774 |
Net interest income |
0.430 |
0.302 |
Net profit |
0.111 |
0.338 |
($ = 0.89015 euro)