Atlas banka AD Podgorica

 (4.8; 8 ratings)
4.8 8
Business Focus
retail and corporate banking

Founded in 2002, Atlas Banka was one of the leading business banks in Montenegro, providing a wide range of retail and corporate banking services. 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. Since 11 April 2019, Atlas Banka is in in bankruptcy.

Products and Services

Services
retail banking
corporate banking
Clients
residents
non-residents
Area Served
Montenegro
internationally
Products
current accounts
savings accounts
term deposit accounts
payment cards
Western Union money transfers
loans
trade finance

Ways to Bank

branch
online banking

Financials

Total Assets (2018)
231.38 mln EUR  (-9.75%)
Net Income (2018)
-16,433,014.00 EUR

Atlas banka AD Podgorica was the 9th largest bank in Montenegro in terms of total assets. In 2018 its total assets were 231,38 mln EUR, providing the bank with the market share of 5.25%. In 2018 the bank's net income was -16,43 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

Atlas banka 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. Atlas banka AD Podgorica is a member of Deposit Protection Fund and makes its contributions into it.

Contacts

Vaka Đurovića bb, 81000, Podgorica, Montenegro
+ 382 20 407 200
+382 20 665 451

Atlas banka AD Podgorica was headquartered in Podgorica.

Bank Identifiers

BIC (SWIFT)
ATLMMEP2
Company Number
40000398

Bank History

Start Date
18 December 2002
Close Date
04 April 2019