Addiko Bank AD Podgorica

Deposit Guarantee

Deposit Guarantee
Yes (up to 50,000 EUR per depositor)

Deposit guarantee scheme is a financial stability mechanism implemented in many countries to protect bank depositors against the loss of their deposits in the case when a bank is unable to meet its obligations to depositors by compensating certain deposits held by depositors of the bank. This compensation is paid out from the contributions which banks have made into a deposit guarantee fund.

Deposit Guarantee in Addiko Bank AD Podgorica

All credit institutions operating in Montenegro are obliged to participate in Montenegro's deposit guarantee scheme.

Addiko Bank AD Podgorica is a member of Deposit Protection Fund and makes its contributions into it. In the case of Addiko Bank AD Podgorica failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Maximum Protected Amount
50,000 EUR
Eligible Depositors
natural persons
  • residents of Montenegro
  • citizens of Montenegro
  • foreign residents
  • foreign citizens
legal entities
Non-Eligible Depositors
credit unions
state bodies and organizations
municipal bodies and organizations
Covered Accounts
all deposit accounts, including
  • giro accounts
  • current accounts
  • savings deposits
  • time deposit accounts
Paid In Currency

Deposit Protection Fund

Miljana Vukova bb, 81000 Podgorica, Montenegro
+382 20 210 465

Further Information

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