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February 06, 2016 2:31 AM ET


Company Overview of Hipotekarna Banka AD Podgorica

Company Overview

Hipotekarna banka AD provides various banking products and services to retail and corporate customers in Montenegro. It accepts various deposit products, including demand deposits, savings deposits, current accounts, and short and fixed term deposits. The company also provides loans comprising short-term and long-term, cash, consumer, and housing loans. In addition, it trades in securities; and offers custody services. Further, the company provides domestic and international payment services, payment cards, ATMs, and Internet banking and mobile banking services. It operates 10 branches. Hipotekarna banka AD is headquartered in Podgorica, Montenegro.

No.67, Josipa Broza Tita Street

Podgorica,  81000


182 Employees


382 77 700 001


382 77 700 071

Key Executives for Hipotekarna Banka AD Podgorica

Chief Executive Officer, General Director, Director and Member of Credit Risk Management Committee
Age: 51
Head of Risk Department
Chief Internal Auditor
Head of Corporate Department
Executive Director for Business Support
Compensation as of Fiscal Year 2015.

Hipotekarna Banka AD Podgorica Key Developments

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.

Hipotekarna Banka Reports Earnings Results for the Nine Months Ended September 2014

Hipotekarna Banka reported earnings results for the nine months ended September 2014. For the nine months, the company posted a net profit of EUR 1.8 million, down from EUR 1.86 million a year ago. Net interest income rose to EUR 6.6 million from EUR 6.1 million a year ago.

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