Invest banka Montenegro AD Podgorica

 (5.0 from 8 ratings)
5.0 8

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

Financials

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.

Invest banka Montenegro AD Podgorica participates in deposit guarantee scheme of Montenegro. This scheme covers accounts up to 50,000 EUR per bank per depositor.

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
Start Date
17 December 2002
Close Date
04 January 2019