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.

Products and Services

Services
retail banking
corporate banking
investment banking
Clients
residents
non-residents
Area Served
Montenegro
internationally

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, ID card, PEP form. 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.

Ways to Bank

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

Financials

Total Assets (2018)
396.08 mln EUR  (+5.31%)
Net Income (2018)
337,951.48 EUR  (+101.32%)

Prva banka Crne Gore AD Podgorica is the 6th largest bank in Montenegro in terms of total assets. In 2018 its total assets were 396,08 mln EUR, providing the bank with the market share of 8.99%. In 2018 the bank's net income was 337 951,48 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

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 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.

Bank Identifiers

BIC (SWIFT)
PRVAMEPG
Company Number
40000732

Bank History

Start Date
17 December 2002