Universal Capital Bank is a universal commercial bank providing retail, corporate and investment banking products and services to both private individuals and corporate customers.
Due to regulatory requirements Universal Capital Bank AD Podgorica performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Universal Capital Bank AD Podgorica will ask him/her to provide the following documents: passport, ID card. For corporate clients Universal Capital Bank AD Podgorica will ask to provide corporate documentation as well as information about controlling persons. Universal Capital Bank AD Podgorica may request additional documentation or information depending on the case.
Universal Capital Bank AD Podgorica is the 7th largest bank in Montenegro in terms of total assets. In 2018 its total assets were 266,83 mln EUR, providing the bank with the market share of 6.05%. In 2018 the bank's net income was 1,04 mln EUR.
Universal Capital 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. Universal Capital Bank AD Podgorica is a member of Deposit Protection Fund and makes its contributions into it.
Universal Capital Bank AD Podgorica is headquartered in Podgorica.
Universal Capital Bank AD Podgorica is authorized and supervised by the Central Bank of Montenegro (reference number 40008441).