April 29 (SeeNews) - Montenegro’s Hipotekarna Banka [MNG:HIBP] recorded a net profit of 12.3 million euro ($13.2 million) in 2023, up from 6 million euro in the previous year, it said on Monday.
Hipotekarna Banka's net interest income came in at 23.1 million euro in 2023, up 39.2% year-on-year, while net fee and commission income grew 21.9% to 11.7 million euro, the lender said in a filing with the Montenegro Stock Exchange.
Following are details on Hipotekarna Banka's performance (in millions of euro):
|
2023 |
2022 |
Net fee and commission income |
11.664 |
9.607 |
Net interest income |
23.117 |
16.593 |
Net profit |
12.257 |
6.042 |
($ = 0.9324 euro)
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