ERSTE Bank AD Podgorica

 (4.8; 6 ratings)
4.8 6
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.

Products and Services

retail banking
corporate banking
Area Served

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, 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.

Ways to Bank

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


Total Assets (2018)
520.34 mln EUR  (+6.06%)
Net Income (2018)
10.23 mln EUR  (+29.54%)

ERSTE Bank AD Podgorica is the 3rd largest bank in Montenegro in terms of total assets. In 2018 its total assets were 520,34 mln EUR, providing the bank with the market share of 11.81%. In 2018 the bank's net income was 10,23 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

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 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.

Bank Identifiers

Company Number

Bank History

Start Date
17 December 2002