First Financial Bank ended the first half of the year with a loss of EUR 0.19mn down by 76.8 y/y, according to the preliminary financial report of the company published on the website of the stock exchange. Net interest income stood at EUR 0.303mn, up by 49.3% y/y and net income from fees and commissions rose by 57.9% y/y to EUR 0.15mn. The lender's total assets narrowed by 3.2% y/y to EUR 23.7mn at end-June. The value of extended credits rose by 17.7% y/y to reach EUR 13.3mn at end-June. Greek citizen Viktor Restis owns the majority stake of 91% in the bank. |
Montenegro's government said it decided on Thursday, March 21, to reduce to EUR 220mn from EUR 250mn the amount it plans to borrow this year for financing its budget spending and servicing ... more
Montenegro's budget revenue increased by 11.5% y/y to EUR 195mn in the period from January 1 to March 20 due to higher profit tax, social contributions and VAT inflows, news service ... more
Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more