September 19 (SeeNews) - NLB Banka Podgorica, the Montenegrin unit of Slovenia's Nova Ljubljanska Banka (NLB), said its net profit fell to 5.0 million euro ($5.0 million) in the first half of 2022, from 6.9 million euro in the like period of last year.
The bank's net interest income grew 32.8% on the year to 13.8 million euro in the first half, while net fee and commission income went up to 2.3 million euro from 1.2 million euro, according to the lender's interim financial statement, posted on the website of Montenegro's central bank.
Following are details on NLB Banka Podgorica's financial performance (in millions of euro):
|
H1'22 |
H1'21 |
Net fee and commission income |
2.291 |
1.222 |
Net interest income |
13.769 |
10.366 |
Net profit |
4.988 |
6.934 |
($ = 1.0034 euro)