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Montenegro’s Podgoricka Banka Societe Generale Group 2011 Net Profit Jumps

24.4.2012 14:53:00 | Author/Source www.seenews.com

The net profit of Montenegro’s Podgoricka Banka Societe Generale Group jumped to 4.3 million euro ($5.7 million) last year from 2.7 million euro in 2010, data of the Central Bank of Montenegro (CBM) showed.

The bank’s net interest income stood at 13.3 million euro in 2011, up from 9.6 million euro a year earlier, while net fee and commission income dropped to 3.7 million euro from 4.2 million, data from the CBM website indicated.

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