Montenegro, The banking market is profiting

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A positive result on the Montenegrin banking market at the end of December last year was recorded by all 11 commercial banks, whose total profit was EUR 83.3 million.

The largest profit, EUR 30.86 million, was made by Crnogorska komercijalna banka, followed by NLB and Erste with a profit of EUR 15.5 million and EUR 11.59 million, according to data published on the website of the Central Bank (CBCG).

Adriatic Bank had a profit of EUR 7.12 million, Hipotekarna EUR 6.04 million, and Universal Capital EUR 5.21 million.

Addiko Bank’s profit at the end of December was EUR 3.88 million, Lovćen Bank’s EUR 2.37 million, Zapad Bank’s EUR 666,000, Prva Bank’s EUR 62,000 and Ziraat Bank’s EUR 9,000.

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