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Total profit of banks in Montenegro amounts to €49.714 million

Total profit of the banks in Montenegro amounts to €49.714 million. Erste bank made the highest profit in the first three quarters of 2019.

According to data provided by the Central Bank, 11 banks had positive performance, whereas two banks made a loss.

Profit of Erste bank amounted to €9,91 million. Net income generated from interests amounted to €17,26 million and income from the fees and commissions amounted to €2,67 million.

CKB bank made €8,788 million of profit. Net income generated from interests amounted to €19,23 million whereas income generated from fees and commissions amounted to €6,31 million.

NLB’s profit was €8,51 million. Net income generated form interests amounted to €15,22 million. Income made on the grounds of fees and commissions amounted to €3,07 million.

Mortgage bank (Hipotekarna banka) made a profit of €7,04 million; net income generated from interests amounted to €12,8 million , whereas income generated form fees and commissions amounted to €4,6 million.

Podgorička bank (member of OTP Group) generated €5,59 million of profit. Income from interests amounted to €16,93 million. This bank generated an income of €1,8 million on the basis of fees and commissions.

Adiko bank made a profit of €3,54 million. Net income generated from interests reached €7,5 million, whereas income from fees and commissions amounted to €1,7 million.

Universal Capital Bank made a profit of €2,51 million. Income generated from interests amounted to €2,37 million, whereas income generated from fees and commissions amounted to €2,41 million.

Lovćen bank generated €1,6 million of profit. Net income generated from interests amounted to €5,76 million. Income generated from fees and commissions amounted to €1,18 million.

Profit of Prva bank was €1,2 million. Net income based on interests amounted to €7,06 million and income generated from fees and commissions amounted to €2,58 million.

Commercial bank made a profit amounting to €863.000. Net income generated from interests amounted to €3,49 million, whereas income generated from fees and commissions amounted to €676.000.

Zirat bank made €171.000 of profit. Income based on interests amounted to €616.000. Income based on fees and commission amounted to €218.000.

Zapad bank and Nova reported negative revenues.

 

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