Last year was the most successful in the history of Crnogorska komercijalna banka (CKB), with a net profit of €61 million, solidifying its position as the leading bank in Montenegro, said CEO Tamas Kamarasi.
CKB’s assets currently total nearly €1.9 billion. The bank financed Montenegrin citizens with close to €670 million last year, enabling 700 families to purchase new homes through housing loans. Its market share in total loans reached almost 33%, meaning every third loan in Montenegro comes from CKB.
The bank approved over €180 million in new loans to Montenegrin companies, directly contributing to the country’s economic development. CKB is a partner in nearly all major corporate projects in Montenegro, supporting infrastructure, energy, tourism, agriculture, IT, and local entrepreneurs.
In cooperation with the Central Bank of Montenegro, CKB actively participates in maintaining a stable financial system. Thanks to regulatory measures, interest rates on cash loans in Montenegro now align with EU levels, benefiting consumers and the banking sector.
Digital services usage surged, with over 64,000 clients using the CKB GO app and a 19% increase in mobile and internet banking transactions compared to the previous year.
CKB remains committed to corporate social responsibility, having invested over €370,000 in more than 40 community initiatives last year. The bank partners with organizations like the Red Cross of Montenegro, the Montenegrin National Theatre, and sports clubs to support social progress.
The bank’s over 600 employees strive daily to provide reliable service and community support. CEO Kamarasi emphasized that CKB aims not only to be a bank but also a key partner in clients’ successes, supporting small and medium enterprises, education, youth employment, and environmental protection.
CKB is focused on digital transformation, aiming to provide fully digital customer experiences that are fast, simple, and secure. The bank is working on integrating with the SEPA payment system to enable faster, safer, and cheaper euro transactions, benefiting small and medium businesses.
Additionally, CKB recently signed a €12 million agreement with the EBRD, supported by the EU and Japan, to help businesses and households invest in energy efficiency, reduce carbon emissions, and meet environmental standards, offering favorable loans and grants up to 20% of the investment value.
CKB continues to improve customer experience and plans to double its community investments this year, focusing on financial literacy, youth banking access, education, sports and culture.
