The Central Bank of Montenegro published a readout of a meeting between Governor Irena Radovic and Deposit Protection Fund Director General Vojin Vlahovic, focusing on the stability of the deposit protection system and recent results, including ongoing compensation of depositors of two bankrupt banks. As of 30 June 2025, the Fund had paid EUR 67 million to depositors of Atlas Bank AD Podgorica and EUR 20.5 million to those of Invest Bank Montenegro AD Podgorica, corresponding to compensation rates of 74.2% and 91.4% respectively. The Fund’s total assets stood at EUR 232.7 million as of the same date, and the institutions highlighted continued cooperation alongside the Fund’s stated intention to further educate citizens on deposit insurance rights.
Central Bank of Montenegro 2025-07-31
Central Bank of Montenegro and Deposit Protection Fund report EUR 87.5 million paid to depositors of two failed banks and assets of EUR 232.7 million
The Central Bank of Montenegro reported on a meeting between Governor Irena Radovic and Deposit Protection Fund Director General Vojin Vlahovic, emphasizing deposit protection system stability. As of 30 June 2025, the Fund compensated depositors of Atlas Bank AD Podgorica and Invest Bank Montenegro AD Podgorica with EUR 67 million and EUR 20.5 million, achieving compensation rates of 74.2% and 91.4% respectively. The Fund's assets totaled EUR 232.7 million, with plans to enhance public education on deposit insurance rights.