September 14 (SeeNews) - Erste Bank Podgorica, the Montenegrin unit of Austria's Erste Group, said its net profit declined to 437,000 euro ($437,000) in the first half of 2022 from 1.1 million euro in the like period of last year.
The bank's net interest income went down to 3.6 million euro in the first half of 2022 from 4.1 million euro, while net fee and commission income fell to 783,000 euro from 950,000 euro, according to the lender's financial statement posted on the website of Montenegro's central bank.
Following are details on Erste Bank Podgorica's performance (in millions of euro):
|
H1'22 |
H2'21 |
Net fee and commission income |
0.783 |
0.950 |
Net interest income |
3.529 |
4.107 |
Net profit |
0.437 |
1.084 |
($ = 0.9990 euro)