Azmont Investments introduces Nova Banka AD Podgorica

(December 16, 2016) As newly established bank in Montenegro, Nova Banka AD Podgorica is registered with €11.98m worth capital and is seated in Podgorica as of 2016.

As a commercial bank, Nova Banka will offer services to corporate and private clients. Furthermore, from the investors perspective this investment will provide new growth opportunities and connections with the companies as the ones established in Montenegro, as well as the ones established abroad which operate here on this market. 

‘’Nova Banka is a new green-field commercial bank on the Montenegrin market with full specter of usual banking products. Still, our goal is to offer high quality banking products and services both to residents and non-residents. Special attention will be paid on creating products which incorporate new IT technologies into banking industry. Nova Banka will empower its customers by focusing on their needs and efficiency.’’, said Azmont Investments Chairman, Mr. Ahmet Erentok at the cocktail reception last night in Hotel Hilton Podgorica Crna Gora. 

In its daily operations, the Bank tends to offer optimal solutions from the most appropriate sources, which are the result of a better understanding of the needs and expectations of its customers. The Bank will seek to provide a complete range of products and services for customers in the fastest and most efficient way. 

The governor of the Central Bank of Montenegro Mr. Zugic said at the ceremony that Nova Banka AD Podgorica “is healthy competition that will affect the reduction of all the weaknesses of the entire banking system in Montenegro. It is the reason why the full support is given to this bank and all the other banks with good financial practice, because this sector is, among other things, necessary for development of micro/small and medium business which employ over 90% of our population.” 

As a mission, Nova Bank aims to establish global standards in business, putting special emphasis on ethical principles, treating customer satisfaction as a primary goal. To this, as a member of the Montenegrin banking sector, Nova Banka will contribute to the strengthening of bilateral economic and trade relations between Montenegro and Azerbaijan.

TheteamofNovaBankaisconsistedof goodseniorprofessionalsaswellasof youngand verywell   educatedpeople.

The Bank is fully owned by Azmont Investments. The main Bank Branch is in Podgorica, at Marka Miljanova 46 Street. 

To remind, Azmont Investments operating since 2012 is young but dedicated Montenegro based company committed to apply its most adequate resources to achieve its mission: to create an efficient and sustainable investment portfolio focusing on accountability, environmental sustainability and corporate social responsibility. Astonishing beauty and hospitality of this country as well as good business climate were enablers for us as Investment Company to enter the market in 2012. At that time, we have started to build what we believe will be a new benchmark not only in the Region but in the Adriatic – Portonovi Resort. This 650 million eur investment is set on 26-hectare area in Boka Bay, Montenegro.