ERSTE Bank AD Podgorica

 (4.8; 6 ratings)
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Business Focus

retail and corporate banking

ERSTE Bank is present in Montenegro since July 2009. ERSTE Bank offers a wide range of retail and corporate banking products and services to individuals and businesses, including loans, deposits, SWIFT international transactions, domestic payments, payment cards and e-banking.


retail banking
business banking


natural persons

Area Served



current accounts
debit cards
credit cards
savings accounts
time deposit accounts
investment funds
trading accounts
consumer loans
car loans
mortgage loans

Account Currencies

EUEUR (Euro)
USUSD (US dollar)
CHCHF (Swiss franc)
GBGBP (Pound sterling)

Card Providers


International Transfers

SWIFT Transfers

Account Opening

Becoming a client of ERSTE Bank AD Podgorica can be done in a few steps:

Submit online application
Get a callback from the bank
Visit bank branch

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

Ways to Bank

ERSTE Bank AD Podgorica delivers its products and services through both direct and indirect channels, namely:
online banking
mobile app


Total Assets of ERSTE Bank AD Podgorica
Net_income of ERSTE Bank AD Podgorica
Market Share of ERSTE Bank AD Podgorica
Total Assets (2019)
605.07 mln EUR  (+16.28%)
Net Income (2019)
12.27 mln EUR  (+19.91%)

ERSTE Bank AD Podgorica is the 2nd largest bank in Montenegro in terms of total assets. In 2019 its total assets were 605,07 mln EUR, providing the bank with the market share of 13.14%. In 2019 the bank's net income was 12,27 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

ERSTE Bank 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. ERSTE Bank AD Podgorica is a member of Deposit Protection Fund (FZD) and makes its contributions into it.

ERSTE Bank AD Podgorica is a member of Erste Group (Austria).


Arsenija Boljevića 2A, 81000, Podgorica, Montenegro
382 (0)20 440 440, +382 (0)20 409 409

ERSTE Bank AD Podgorica is headquartered in Podgorica.

Social Networks

ERSTE Bank AD Podgorica has profiles at the following social networks:

Bank Identifiers

Company Number

Bank Supervision

Supervised By
Central Bank of Montenegro

ERSTE Bank AD Podgorica is authorized and supervised by the Central Bank of Montenegro.

Bank History

Start Date
17 December 2002

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retail and corporate banking

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