February 8, 2018 / 5:40 PM / 4 months ago

BRIEF-Portugal bank Montepio swings to 2017 profit

Feb 8 (Reuters) - CAIXA ECONOMICA MONTEPIO GERAL:

* SAYS 2017 NET PROFIT 30 MILLION EUROS ($36.7 million) VERSUS YEAR-AGO LOSS OF 86.5 MILLION

* 2017 NET INTEREST INCOME UP 4 PERCENT VERSUS YEAR AGO AT 264 MILLION EUROS

* PHASING-IN CET1 CAPITAL RATIO RISES TO 13.5 PERCENT AT END 2017 VERSUS 10.4 PERCENT AT END-2016

* 2017 OPERATING COSTS FALL 5.5 PERCENT TO 268 MILLION EUROS Source text for Eikon: bit.ly/2sj9Sfx Further company coverage: ($1 = 0.8167 euros) (Reporting by Andrei Khalip)

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