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Invest Banka Montenegro A.D. - in bankruptcy proceedings

Summary

Company ID (NIN)

02009960

Company owner / manager

  • Other
  • Atlas Invest DOO
  • ID - Zatvoreni investicioni fond Atlas Mont a.d. Podgorica

Country

Montenegro

Capital

13,844,000

Total assets

41,015,000

Net loss for the period

-7,040,000

Report year

2018

Currency

EUR

Industry

Banking

General information

About Invest Banka Montenegro A.D. - in bankruptcy proceedings

Invest Banka Montenegro A.D. is a Montenegrin commercial bank.

In 2018 the bank was the 14th largest commercial bank in terms of total assets in Montenegro.

 

Last updated on May 28, 2019.

Meta info
Status
Bankruptcy Proceedings
Legal form
Joint Stock Company
Incorporation date
April 29, 1961
NIN
02009960
Tickers
IBMN
Stock Exchange
Montenegro Stock Exchange
ISIN
MEIBMNRA1PG0
Profile last updated
June 13, 2019, 2:56 p.m.
Alternative names

    Invest Banka Montenegro JSC
    Invest Banka Montenegro JSC Podgorica

History

    Apr 29, 1961 - Pljevaljska Banka A.D. is established.

    2006 - Pljevaljska Banka becomes part of the Serbian investment group Atlas Group.

    Nov 20, 2006 - The bank changes its name to Invest Banka Montenegro A.D.

    2009 - The bank lists on the Montenegro Stock Exchange.

    Jan 4, 2019 - The Podgorica Commercial Court launches bankruptcy proceedings against Invest Banka Montenegro A.D. Milan Rakocevic is appointed receiver.


    Last updated on May 28, 2019.

Management

Executive Board
Milan Rakocevic
Receiver

Contacts

Address
115, Svetog Petra Cetinjskog Blvd.
81000
Podgorica, Montenegro
Telephones

+382 20 407 900

Fax

+382 20 407 956

Emails

info@invest-banka.com

Websites
www.invest-banka.com

Ownership

Name Direct holding Indirect holding Owner type Country
Other 38.55 Other
Atlas Invest DOO 11.12 Company Montenegro
ID - Zatvoreni investicioni fond Atlas Mont a.d. Podgorica 50.33 Institution Montenegro

Subsidiaries and affiliates

Name Direct holding Indirect holding Country

Products and services

Invest Banka Montenegro A.D. provides financial products and services to individuals and corporate customers:

  • guarantees and letters of credit;
  • loans;
  • deposits;
  • debit and credit cards;
  • money transfer;
  • national and international payment operations;
  • investment funds with depository services;
  • custody services;
  • brokerage services.

Capacity

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