Prva banka Crne Gore AD Podgorica

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Business Focus

universal banking

Prva Banka Crne Gore (First Bank of Montenegro) traces its roots back to 1901 when Niksic Saving Bank was founded which became the first bank in Montenegro. In 2007 after more than a century the bank changed its name to Prva Banka Crne Gore. Prva Banka Crne Gore operates as a modern universal bank providing retail, corporate and investment banking products and services at fair prices to individuals, business entities and public sector.

Services

retail banking
corporate banking
investment banking

Clients

natural persons
companies

Area Served

MEMontenegro
internationally

Products

current accounts
debit cards
credit cards
savings accounts
cash loans
consumer loans
mortgage loans
bank guarantees

Account Currencies

EUEUR (Euro)
USUSD (US dollar)

Card Providers

MasterCardVisa

International Transfers

SWIFT Transfers

Account Opening

Becoming a client of Prva banka Crne Gore AD Podgorica can be done in a few steps:

1.
Visit bank branch

Due to regulatory requirements Prva banka Crne Gore AD Podgorica performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Prva banka Crne Gore AD Podgorica will ask him/her to provide the following documents: passport or ID card. For corporate clients Prva banka Crne Gore AD Podgorica will ask to provide corporate documentation as well as information about controlling persons. Prva banka Crne Gore AD Podgorica may request additional documentation or information depending on the case. Prva banka Crne Gore AD Podgorica performs client's identity verification via branch visit.

Ways to Bank

Prva banka Crne Gore AD Podgorica delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Common Shares

Listed Entity
PRVA BANKA CRNE GORE AD PODGORICA
ISIN
MENKBARA0PG2
Stock Exchange
Montenegro Stock ExchangeMontenegro Stock Exchange (XMNX)
Ticker
NKBA

See Also

Financials

Total Assets of Prva banka Crne Gore AD Podgorica
Net_income of Prva banka Crne Gore AD Podgorica
Market Share of Prva banka Crne Gore AD Podgorica
Total Assets (2019)
392.21 mln EUR  (-0.98%)
Net Income (2019)
1.22 mln EUR  (+259.95%)

Prva banka Crne Gore AD Podgorica is the 6th largest bank in Montenegro in terms of total assets. In 2019 its total assets were 392,21 mln EUR, providing the bank with the market share of 8.52%. In 2019 the bank's net income was 1,22 mln EUR.

Deposit Guarantee

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

Prva banka Crne Gore 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. Prva banka Crne Gore AD Podgorica is a member of Deposit Protection Fund (FZD) and makes its contributions into it.

Contacts

Bulevar Svetog Petra Cetinjskog broj 141, 81000, Podgorica, Montenegro

Prva banka Crne Gore AD Podgorica is headquartered in Podgorica.

Social Networks

Prva banka Crne Gore AD Podgorica has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
PRVAMEPG
Company Number
40000732

Bank Supervision

Supervised By
Central Bank of Montenegro

Prva banka Crne Gore AD Podgorica is authorized and supervised by the Central Bank of Montenegro.

Bank History

Start Date
17 December 2002

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