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Montenegrin banks profited € 14,3 million

Universal Capital Banka

Thirteen banks that operate in Montenegro (apart from Atlas and IBM that went bankrupt) were in plus €14,3 million in the end of the first quarter. Every bank has made profit, except for Nova and Zirat. Universal Capital Bank has had the biggest increase in profit. In comparison to the same period last year, its profit has increased by 13 times, writes “Pobjeda”.

Banks have earned a total of €33,4 million  on the basis of interests and €8,3 million on the basis of fees and commissions.

Erste Bank has made the highest profit in three months – €2,4 million. It has earned €5,5 million on the basis of interests and €579.000 on the basis of fees and commissions.

Montenegrin Commercial Bank comes next. It made a profit of €2,39 million, €6,2 million from interests and €1,6 million from fees and commissions.

The profit of Hipotekarna bank amounted €2,08 million. They have earned €3,5 million on the basis of interests and €2,06 million on the basis of fees and commissions.

NLB Bank comes fourth with a profit of €1,9 million, weaker than last year. This bank has earned €4,9 million on the basis of interests and €794.000 on the basis of fees and commissions.

The profit of Societe Generale Bank amount €1,8 million, €5,5 million from interests and €436.000 from fees and commissions.

Universal Capital Bank has made profit by 13 times higher than in the same period last year. The bank has earned €736.000 on the basis of interests and €1,15 million on the basis of fees and commissions.

Prva Bank has earned €403.000.(€2,3 million from interests and €425.000 from fees and commissions).

Profit of Addiko Bank amounts €1,17 million. (€2,4 million on the basis of interests and €561.000 on the basis of fees and commissions).

Profit of Lovćen Bank amounts €455.000. Commercial Bank Podgorica earned €211.000. Zapad Bank has made a profit of €117.000.

Loss of Nova Bank amounts €453.000. They have earned €169.000 on the basis of interests and they have lost €31.000 on the basis of fees and commissions. Zirat Bank has had negative profit too – €8.000.

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