PODGORICA (Montenegro), November 5 (SeeNews) – The net profit of the Montenegrin unit of Austria's Erste Group rose to 4.8 million euro ($6.0 million) in the first nine months of 2014 from 4.3 million euro a year earlier, data from Montenegro's central bank indicated.
The net interest income of Erste Bank AD Podgorica rose to 14.1 million euro in the nine months through September from 12.9 million a year earlier, data published on the central bank's website indicated.
The bank's assets increased to 378.4 million euro at the end of September from 353.9 million euro a year earlier.
Twelve banks operate in Montenegro, a market of around 630,000.
($=0.799 euro)