GBAF Logo
Illustration of EU guidelines on AI misuse by employers and police - Global Banking & Finance Review
An infographic depicting the EU's new guidelines to prevent AI misuse by employers and law enforcement, highlighting bans on tracking emotions and AI manipulation. Essential for understanding compliance with the EU AI Act.
Trading

List of Banks in Montenegro

Published by Gbaf News

Posted on June 14, 2012

1 min read

· Last updated: June 11, 2018

Add as preferred source on Google
Banking M&A Central Banks Digital banking

Jugobanka
AtlasMont Bank
Euromarket Bank – bought by NLB and merged into NLB Montenegrobanka
Crnogorska komercijalna banka – OTP Bank group
Central bank of Montenegro
Hypo-Alpe-Adria Bank
Podgorička banka – Société Générale group
Mortgage Bank Podgorica
Hypotekarna banka
Prva banka Crne Gore (First Bank of Montenegro, formerly Nikšićka banka)
Pljevaljska Bank
Beranska banka
Erste Bank AD Podgorica (Before July 24th 2009 Opportunity Bank)
NLB Montenegrobanka – Nova ljubljanska banka group
Ekos Bank – liquidated
Komercijalna banka Budva
 

Key Takeaways

  • Montenegro’s banking sector is highly concentrated, with a few large foreign-controlled banks dominating the market.
  • Crnogorska Komercijalna Banka, Hipotekarna Banka, NLB Banka and Erste Bank are the largest by assets as of late 2025.
  • Several historic banks mentioned in the title list have merged or been liquidated over time.
  • The Central Bank of Montenegro regulates banking operations but the euro is used unilaterally.
  • Some banks like AtlasMont Bank and Addiko (formerly Hypo Alpe-Adria) reflect both legacy and rebranded institutions.

References

Frequently Asked Questions

Which banks currently lead the Montenegro banking market by assets?
As of end‑September 2025, Crnogorska Komercijalna Banka, Hipotekarna Banka, NLB Banka and Erste Bank were the largest banks by assets in Montenegro.
Does Montenegro have its own currency?
No, Montenegro unilaterally adopted the euro in 2002 and uses it without being a member of the Eurozone, while monetary policy is influenced by the euro area.
What happened to banks like AtlasMont and Euromarket Bank?
AtlasMont (Atlas banka) was placed under administration and likely liquidated, while Euromarket Bank was acquired and merged by NLB Banka.

Tags

Related Articles

Image for Where Market Moves Really Begin

Where Market Moves Really Begin

Image for The Hidden Mechanics of Trading: What Really Drives Market Decisions

The Hidden Mechanics of Trading: What Really Drives Market Decisions

Image for The Invisible Force Behind Every Great Trader: Why Curiosity May Matter More Than Strategy

The Invisible Force Behind Every Great Trader: Why Curiosity May Matter More Than Strategy

Image for The Invisible Edge: Why Trading Outcomes Are Shaped Beyond the Chart

The Invisible Edge: Why Trading Outcomes Are Shaped Beyond the Chart

Image for The Invisible Current: What Really Moves Trades Before They Happen

The Invisible Current: What Really Moves Trades Before They Happen

Image for The Quiet Forces of Trading: What Moves Markets When No One Is Looking

The Quiet Forces of Trading: What Moves Markets When No One Is Looking

More from Trading

Explore more articles in the Trading category

Image for The Strange Truth About Trading That Most People Discover Too Late
The Strange Truth About Trading That Most People Discover Too Late
Image for The Unseen Flow: Why Trading Is Driven by Forces You Don’t Track
The Unseen Flow: Why Trading Is Driven by Forces You Don’t Track
Image for Why Do Traders Keep Watching the Market Even When They’re Not Trading?
Why Do Traders Keep Watching the Market Even When They’re Not Trading?
Image for Why Do Some Traders Stay Calm While Others Panic? The Hidden Psychology Behind Market Decisions
Why Do Some Traders Stay Calm While Others Panic? The Hidden Psychology Behind Market Decisions
Image for Trading Sphere: Structuring a Modern Approach to Online Trading
Trading Sphere: Structuring a Modern Approach to Online Trading
Image for The Trading Threshold: The Point Where Skill Stops Helping and Discipline Takes Over
The Trading Threshold: The Point Where Skill Stops Helping and Discipline Takes Over
Image for Why Traders Often Miss the Obvious—Until It’s Too Late
Why Traders Often Miss the Obvious—Until It’s Too Late
Image for The Trading Threshold: The Point Where Skill Stops Helping and Discipline Takes Over
The Trading Threshold: The Point Where Skill Stops Helping and Discipline Takes Over
Image for The Trading Paradox: Why Doing Less Often Leads to Better Results
The Trading Paradox: Why Doing Less Often Leads to Better Results
Image for The Trading Blind Spot: Why What You Don’t Notice Often Matters Most
The Trading Blind Spot: Why What You Don’t Notice Often Matters Most
Image for The Risk That Doesn’t Look Like Risk
The Risk That Doesn’t Look Like Risk
Image for The Market Mirror: What Trading Reveals About Decision-Making Under Pressure
The Market Mirror: What Trading Reveals About Decision-Making Under Pressure
View All Trading Posts