Invest banka Montenegro is a universal commercial bank, providing retail, corporate and investment banking products and services to individuals and businesses, both residents and non-residents of Montenegro. In December 2018, Central Bank of Montenegro placed Atlas Banka and Invest Banka under temporary administration due to poor financial conditions of the both banks. On January 4, 2019 Central Bank of Montenegro initiated bankruptcy proceedings against Invest Banka Montenegro AD Podgorica.
Invest banka Montenegro AD Podgorica was the 14th largest bank in Montenegro in terms of total assets. In 2018 its total assets were 41,02 mln EUR, providing the bank with the market share of 0.93%. In 2018 the bank's net income was -7,04 mln EUR.
Invest banka Montenegro AD Podgorica participates in the deposit guarantee scheme of Montenegro. This deposit guarantee scheme applies to all deposit accounts made by natural persons (Montenegrin and foreign), legal entities and covers up to up to 50,000 EUR per bank per depositor. Invest banka Montenegro AD Podgorica is a member of Deposit Protection Fund and makes its contributions into it.
Invest banka Montenegro AD Podgorica was headquartered in Podgorica.
Invest banka Montenegro AD Podgorica was authorized and supervised by the Central Bank of Montenegro.