Caixa Economica Montepio Geral (CEMG) And Montepio Geral Mutualista Bank (AMMG) Earn Almost 16 Million Euros In First Semester Of 2018.

LISBON, PORTUGAL - OCTOBER 10: People walk under Montepio logo while passing by the bank's branch in Rua Barata Salgueiro 51 on October 10, 2018 in Lisbon, Portugal. Caixa Economica Montepio Geral (CEMG) and Montepio Geral Mutualista Bank (AMMG) closed the first semester of 2018 with profits of almost 16 million euros, an improvement over the 13 million euros obtained during the same period of 2017. Montepio is a Portuguese mutual savings organization, better known for its banking activity, established in 1840, with its headquarters in Lisbon. (Photo by Horacio Villalobos - Corbis/Corbis via Getty Images)