Tag: banks

AIK Bank receives approval to acquire majority stake in Montenegro’s Hipotekarna Banka

The Central Bank of Montenegro (CBCG) has granted AIK Bank approval to acquire a qualified stake in the share capital of Hipotekarna Banka AD...

CKB reports record €61 million profit, strengthens market leadership with digital innovation and community support

Last year was the most successful in the history of Crnogorska komercijalna banka (CKB), with a net profit of €61 million, solidifying its position...

Montenegrin banks hold €308.65 million in required reserves by end of March

At the end of March, banks in Montenegro held a total of €308.65 million in required reserves, according to the Central Bank of Montenegro...

Bank liquid assets and capital show mixed trends in January 2025

At the end of January, the liquid assets of banks amounted to EUR 1.46 billion, which is 12.76% lower than in December. Compared to the...
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Free basic banking services in Montenegro underutilized

Many citizens struggling to make ends meet are unaware that they are entitled to free banking services. These include opening, maintaining, and closing accounts,...

MK Group’s Agri Europe Cyprus to complete acquisition of Hipotekarna Banka in April

Aleksandar Kostić, President of MK Group and Chairman of the Board of AIK Bank, announced at the Kopaonik Business Forum that his company, Agri...
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