September 28, 2016 5:23 AM ET

Banks

Company Overview of Crnogorska komercijalna banka AD Podgorica

Company Overview

Crnogorska komercijalna banka AD provides various banking products and services in Montenegro. It offers various retail banking products and services that include savings accounts; cash, refinancing, tourist cash, tourist home equity, housing, home equity, reconstruction and refurbishment, and overdraft loans, as well as loans and overdrafts for pensioners; debit and credit cards; payment operations services, such as FX accounts, international payments, FX inflows, OTP express payments, cheques, letter of credit, transaction accounts, direct debit, and safe deposit boxes; and e-banking services, as well as provides private banking products and services. The company also offers corporate bank...

Moskovska Street

Podgorica,  81000

Montenegro

Founded in 1997

436 Employees

Phone:

382 19894

Key Executives for Crnogorska komercijalna banka AD Podgorica

Chief Executive Officer and Director
Age: 42
Executive Director of Finance and Bank Operation
Head of Back Office - Retail Department Vault and Cards
Director of Investment Department
Head of Accounting Department
Compensation as of Fiscal Year 2016.

Crnogorska komercijalna banka AD Podgorica Key Developments

Crnogorska Komercijalna Banka Reports Earnings Results for the Second Quarter and Six Months of 2016

Crnogorska Komercijalna Banka reported earnings results for the second quarter and six months of 2016. For the first half of 2016, the company reported after tax profit without the effect of adjustments of HUF 255 million against HUF 535 million a year ago. Profit before income tax was HUF 255 million against HUF 535 million a year ago. Operating profit was HUF 1,242 million against HUF 1,744 million a year ago. Total income was HUF 4,816 million against HUF 5,227 million a year ago. Net interest income was HUF 3,517 million against HUF 3,750 million a year ago. ROA was 0.3% against 0.6% a year ago. ROE was 2.2% against 4.7% a year ago. For the quarter, the company reported after tax profit without the effect of adjustments of HUF 143 million against HUF 472 million a year ago. Profit before income tax was HUF 143 million against HUF 472 million a year ago. Operating profit was HUF 682 million against HUF 1,012 million a year ago. Total income was HUF 2,502 million against HUF 2,766 million a year ago. Net interest income was HUF 1,787 million against HUF 1,875 million a year ago. ROA was 0.3% against 1.0% a year ago. ROE was 2.5% against 8.5% a year ago. 0.3%.

Crnogorska Komercijalna Banka Reports Earnings Results for the First Quarter Ended March 31, 2016

Crnogorska komercijalna banka reported earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported net fees and commissions of HUF 561 million compared to HUF 555 million a year ago. Net interest income was HUF 1,730 million compared to HUF 1,875 million a year ago. Total income was HUF 2,314 million compared to HUF 2,461 million a year ago. Operating profit was HUF 561 million compared to HUF 732 million a year ago. Profit before income tax was HUF 112 million compared to HUF 63 million a year ago. After tax profit was HUF 112 million compared to HUF 63 million a year ago. ROA was 0.2% compared to 0.1% a year ago. ROE was 1.9% compared to 1.1% a year ago.

Crnogorska Komercijalna Banka Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2015

Crnogorska Komercijalna Banka reported earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, after tax loss without the effect of adjustments was HUF 278 million against loss of HUF 854 million a year ago. Loss before income tax was HUF 279 million against loss of HUF 862 million a year ago. Operating profit was HUF 487 million against HUF 705 million a year ago. Total income was HUF 2,549 million against HUF 2,842 million a year ago. Net interest income was HUF 1,690 million against HUF 2,005 million a year ago. ROA was negative 0.5% against negative 1.7% a year ago. ROE was negative 4.7% against negative 14.7% a year ago. For the year, after tax profit without the effect of adjustments was HUF 909 million against HUF 391 million a year ago. Profit before income tax was HUF 909 million against HUF 372 million a year ago. Operating profit was HUF 3,146 million against HUF 3,789 million a year ago. Total income was HUF 10,468 million against HUF 11,518 million a year ago. Net interest income was HUF 7,228 million against HUF 8,359 million a year ago. ROA was 0.5% against 0.2% a year ago. ROE was 4.0% against 1.8% a year ago.

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Recent Private Companies Transactions

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