MNE: Prva Banka is stable

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Prva Bank of Montenegro is stable. As evidenced by the growth of liquidity, deposits and higher payments , said the chief executive officer of Prva Banka , Milan Perovic .

” Like last year,  Prva Banka Montenegro expects to end  with a positive result . After nine months of this year , the result is positive ,over a million euros. The entire banking sector is feeling the liquidity trend ,  what  is the situation  with our bank . Deposits are on the rise  for legal and for natural persons. Liquidity ratios are well above the prescribed limits , “said Perovic.

He said ,among other things ,that the Prva Banka Montenegro has more than 100,000 active clients , and domestic payments has  recorded consistent growth.

” Prva Bank of Montenegro is active on lending to businesses and households . The loan portfolio of placed  assets  is  60 percent : 40 percent in favor of the economy. Interest for bank loans exist  , and the bank  continuously increases  the amount of credit , ” he said.

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Perovic explained that EPCG is the second largest shareholder of Prva Banka , and it is quite natural that operates with  its own bank, which relates  to the company A2A , which is a shareholder of the Electric Power Industry of Montenegro .

“However, EPCG has its deposits in other banks , and about how much is  that share , we can not talk  about that nor the banks where the deposits are located. What is a fact, is that the conditions that EPCG has in Prva Banka , are better than in other banks and than on the basis  of interests, in  Prva Banka ,achieves  significant revenue , “said Perovic.

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