Podgorica, (MINA-BUSINESS) – Ten commercial banks had positive financial results at the end of the second quarter in the Montenegrin banking market, with a combined profit of €72.77 million.

According to the data published on the website of the Central Bank (CBCG), the largest profit of €26.08 million was made by Crnogorska Komercijalna Banka, followed by NLB and Hipotekarna Banka with €13.3 million and €10.84 million respectively.

Erste Banka made a profit of €8.25 million, while the respective profits of Prva Banka and Universal Capital amounted to €4.38 million and €2.82 million.

The profit of Addiko Bank amounted to €2.72 million at the end of June, while the profits of Lovcen Banka and Ziraat Banka amounted to €2.18 million and €698,000 respectively.

Adriatic Bank reported a loss of 2.77 million.