Invest banka Montenegro AD Podgorica

 (5.0; 8 ratings)
5.0 8
Business Focus
universal banking

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.

Services

retail banking
corporate banking
investment banking

Clients

residents
non-residents

Area Served

MEMontenegro
internationally

Ways to Bank

Invest banka Montenegro AD Podgorica delivered its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets of Invest banka Montenegro AD Podgorica
Net_income of Invest banka Montenegro AD Podgorica
Market Share of Invest banka Montenegro AD Podgorica
Total Assets (2018)
41.02 mln EUR  (-9.48%)
Net Income (2018)
-7,040,000.43 EUR  (+811.39%)

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.

Deposit Guarantee

Protected Amount
up to 50,000 EUR
Guarantee Fund
Deposit Protection Fund
Covered Depositors
natural persons (Montenegrin and foreign)
legal entities
Covered Accounts
all deposit accounts

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.

Contacts

Bulevar Svetog Petra Cetinjskog 115, 81000, Podgorica, Montenegro
+382 20 407 900
+382 20 407-956

Invest banka Montenegro AD Podgorica was headquartered in Podgorica.

Bank Identifiers

BIC (SWIFT)
IBMNMEPG
Company Number
40001690

Bank Supervision

Supervised By
Central Bank of Montenegro

Invest banka Montenegro AD Podgorica was authorized and supervised by the Central Bank of Montenegro.

Bank History

Start Date
17 December 2002
Close Date
04 January 2019

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