Leading Banks in Montenegro

Atlas Bank, NLB Montenegrobanka, Hipotekarna Bank, and Hypo Alpe-Adria-Bank A.D. Podgorica are some of the leading banks in Montenegro.

Atlas Bank was declared the best bank in Montenegro, and Atlas Group the best financial group for 2009 by the world economic magazine "World finance", based in London. In addition, the reputable British institution, Euromoney, pronounced Atlas Bank to be the best bank in Montenegro for 2009.

NLB Montenegrobanka is one of the most prestigious and recognized banks in the area. It offers comprehensive commercial banking services and has been owned by the NLB Group since 2003. NLB Montenegrobanka was named best bank in Montenegro by the British financial magazine Euromoney in 2008. In terms of total assets it is the second-largest bank in the country.

Hipotekarna Bank is a leading commercial bank that offers a complete financial service, mostly directed to retail business and small and middle size enterprises (SME).

In Montenegro Hypo Alpe-Adria-Bank A.D. Podgorica has been founded on 21 February 2006 and started to work on 10 April 2006. Hypo Alpe Adria Bank obtained the license for providing custody services on 19 August 2008, issued from the Securities and Exchange Commission of Montenegro after the previous approval of the Central Bank of Montenegro.

* Next: Montenegro Stock Exchange

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Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn