Podgorica, (MINA-BUSINESS) – Hipotekarna banka finished the first quarter with a net profit of €2.08 million, up 80 percent year on year.
The bank says in a press release that its balance increased by 8.6 percent in this period, amounting to €510 million at the end of the first quarter.
“The bank saw growth in all business segments, affirming once again the stability and security in operation, and justifying the confidence of its clients,” the press release says.
The clients’ deposits increased by €10.9 percent to €407 million, while the lending rose by 6.25 million to €238 million.
“The level of non-performing loans declined in the reporting quarter to 3.3 percent per day of delay, from 3.5 percent in the last year’s first quarter,” says Hipotekarna banka.
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