European Central Bank (ECB) Exchange Rates
Podgoricka banka Societe Generale Group continues the tradition of Podgoricka banka that was founded in 1906 and which was one of the first banks in their region and among the first joint stock companies in Montenegro.
The bank operates through its network of 19 modern branches situated in prominent locations in Podgorica, Danilovgrad, Cetinje, Ulcinj, Bar, Budva, Tivat, Igalo, Herceg Novi, Nikšić, Kolašin, Bijelo Polje, Berane and Rožaje.
The bank has great range of different corporate and retail clients. It financially supports the most significant companies in Montenegro in aluminum, machine and electric industries, agriculture, tourism, marine industry, lumber industry, tobacco industry, textile etc. Many small and medium companies and private entrepreneurs affirm their business interests through collaboration with Podgoricka banka Societe Generale Group.
The bank has been active participant in the international financial market for many years. Today, the bank has correspondent relationships with more than 200 banks all over the world and current account credit relationships and accounts with 20 well known foreign banks. In that way, by using SWIFT association technology, of which the bank is a full member, the conditions have been created for realization of even the most complex foreign exchange arrangements.
The bank also takes special care of its human resources management and employs almost 280 workers, out of which one third has University degree. Numerous additional trainings and professional seminars are organized for the staff according to the need.
As part of its corporate culture, the bank pays special attention to the companies, shareholders and its long-term partners, in line with good and professional business relations.
Investment activities of the bank have been done through realization of the small and medium enterprises development program that was co-financed by the Republic Development Fund and the Employment Bureau.
Poor liquidity of economic and financial sectors have not hindered Podgoricka banka Societe Generale Group to maintain its liquidity at the considerable level by its fast, safe and efficient policy.
Intensive business activity of the bank over the next period shall be pointed to strengthening of its potential and its engagement and improving of the financial creditworthiness of the bank.