July 26, 2017 3:21 AM ET


Company Overview of Hipotekarna Banka AD Podgorica

Company Overview

Hipotekarna banka AD, Podgorica engages in retail and corporate banking activities in Montenegro. The company’s retail banking products and services include savings products; loans comprising cash, student, and SMATSA loans, as well as loans for pensioners; transactional accounts and money transfers; and payment cards. Its corporate banking products and services comprise fixed term deposits; short-term, long-term, and SME loans; payment and documentary operations; payment cards; and e-commerce services. The company is also involved in investment banking activities, such as brokering and custody operations, as well as the provision of Internet and mobile banking, and SMS services. It operates...

No.67, Josipa Broza Tita Street

Podgorica,  81000


169 Employees


382 77 700 001


382 77 700 071

Key Executives for Hipotekarna Banka AD Podgorica

Chief Executive Officer, General Director and Director
Age: 53
Head of Operations
Head of Risk Department
Chief Internal Auditor
Head of Retail Department
Compensation as of Fiscal Year 2017.

Hipotekarna Banka AD Podgorica Key Developments

Hipotekarna Banka Reports Earnings Results for the Full Year 2016

Hipotekarna Banka reported earnings results for the full year 2016. For the period, the bank reported that it posted a net profit of €3.6 million ($3.9 million), up from €3.5 million in 2015. The bank's net interest income came in at €12.4 million, up 6% from €11.69 million reported last year. Operating profit was at €3.985 million against €3.681 million reported last year.

Hipotekarna Banka Reports Earnings Results for the First Nine Months of 2015

Hipotekarna Banka reported earnings results for the first nine months of 2015. For the period, the bank posted a net profit of EUR 2.4 million against EUR 1.8 million a year ago. Net interest income amounted to EUR 8.5 million, while net income from fees and commissions reached EUR 4.1 million.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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