TP Group is one of the fastest growing banking groups in Central and Eastern Europe and one of the leading banking groups, with excellent profitability and a stable capital and liquidity position. With nearly 7,000 employees in 40 countries in Central and Eastern Europe and Central Asia, the Group provides universal financial services to 170,000 clients. As the most active consolidator in the banking sector in Central and Eastern Europe, the Group has successfully acquired and consolidated 23 banks since the early 2000s. Currently, the Bank is the market leader in Hungary, Bulgaria, Serbia, Montenegro and Slovenia *. Headquartered in Hungary, OTP Group has a diversified and transparent ownership structure. The banking group has been listed on the Budapest Stock Exchange since 1995. Since its establishment in 1949, the company has developed into a banking group providing universal financial services. In 1990, the National Savings Bank became a private company with a share capital of 2.30 billion forint. Its name was changed to the National Savings and Business Affairs Bank. Then, the non-banking services and its organizational support units were separated from the bank.
The privatization of OTP Bank began in 1995, when the company conducted three public offerings and issued bank shares listed on the Budapest Stock Exchange. The bank is currently owned by private and institutional (financial) investors.
In recent years, OTP banka has completed several successful acquisitions, becoming a major player in the region. In addition to Hungary, OTP Group currently operates in 10 countries in the region through its subsidiaries: Albania (OTP Bank Albania), Bulgaria (DSK Bank), Croatia (OTP Bank Croatia), Moldova (Mobiasbank OTP), Serbia (OTP Bank Serbia), Slovenia (SKB Bank and Nova KBM), Ukraine (CJSC OTP Bank), Montenegro (Crnogorska komercijalna banka), Russia (JSC OTP Bank) and Uzbekistan (Ipoteka Bank).
The continuous development and expansion of OTP banka has contributed significantly to the successful and efficient operation of the banking group, which provides high-quality services to individual and corporate customers. Despite the intense competition, OTP Banka's market position remains stable in several areas, leading the European market in terms of profitability and stability.
Crnogorska Komercijalna Banka (Commercial Bank of Montenegro, referred to as CKB) is a major commercial bank located in Montenegro, established in 1997. Its headquarters are located in Podgorica, the capital of Montenegro. CKB has an important position on the financial marekt of Montenegro, offering a wide range of banking services, covering personal banking, corporate banking and investment banking.
Main services
- Personal banking: offering personal accounts, savings accounts and time deposits. Providing loan services, including consumer loans, housing loans and car loans. Provides credit card services to allow customers to make daily purchases and online purchases.
- Corporate Banking: Provides financing solutions for small and medium-sized businesses, including working capital loans and investment loans. Provides cash management services to help businesses manage their liquidity more efficiently. Provides foreign exchange transactions and international settlement services to support international trade of businesses.
- Investment Banking: Provides financial advisory services to help businesses with mergers and acquisitions and other strategic investments. Provides capital markets services, including debt and equity financing.
Market Positioning
CKB holds a significant market share in the banking industry in Montenegro and is committed to providing high-quality services to its clients. The bank ensures that customers can easily access services through a modern technology platform and an extensive branch network.
social responsibility
CKB actively participates in social responsibility projects to support the development in areas such as education, culture and environmental protection. The bank gives back to society through various activities and projects and strives to promote the sustainable development of the community.
Future Development
With the development of Montenegro's economy, CKB is also constantly adapting and expanding its services to adapt to market changes and customer needs. The bank is investing in digital transformation to improve customer experience and operational efficiency.
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