9 th Interbalkan Forum of Banking Associations

1. 9th Interbalkan Forum of Banking Associations Podgorica, May 9th, 2008

2. Montenegro and Banking Sector in 2007 • M. Sc. Econ Nebojsa Djokovic Advisor in AMB Email: udruzenjebanaka@cg.yu www.ubcg.info Phone: 00382 20 232 028

3. Podgorica-Montenegro9th Interbalkan Forum 2008 CONTENT OF THE PRESENTATION • I Montenegro in brief • II Presenting AMB • III Performance Results of the Banking Sector in 2007

4. I Montenegro in briefFLAG

5. I Montenegro in brief • Montenegro is located in the Western Balkans, bordering Serbia, Croatia, BiH and Albania • The country has 293 kilometres of coastline • Population: 620.145 • Area: 13.812 km2

6. I Montenegro in brief MAP OF MONTENEGRO

7. II Presenting AMB • Constituent Assembly-December 7,2000 • The Association members are all banks of Montenegro • Today we have 11 members • General Secretary Mr. Mirko Radonjic

8. I Montenegro in brief Economy Since 2002, the national currency is EURO Before that, it was DEM and Yugo. Dinar

9. I Montenegro in briefEconomy

10. I Montenegro in briefEconomy • The largest foreign investors in the country have been : Russia, Cypress, UK… Total in 2007 – 1.007.683.909 euros Out of this amount, investments in companies and banks in 2007 : 377.589.177 euros Sale of property abroad 61.930 euros Sale of property in the country: 514.357.979 euros Inter-company debt: 115.674.822 euros

11. I Montenegro in briefEconomy • The largest foreign investors: in EUR • Russian Federation (187.388.327) • Cypress (108.994.331) • Switzerland (75.111.921) • UK (70.426.932) • Austria (60.765.059) • Serbia (43.009.958) • USA (41.952.448)

12. II Presenting AMB • The Association was founded in Podgorica on 7th December 2000. • The Association is a non-profit organization established to advance its member’s business, organize and establish cooperation with local and international partners, advocate and protect common interests of its members before the Central Bank, competent authorities and organizations and international organizations and institutions.

13. II Presenting AMB Members : • Montenegrobanka NLB Podgorica • Hipotekarna Bank Podgorica • Podgoricka Bank SGG Podg. • Montenegrin Commercial Bank OTP Group Podg. • First Bank of Montenegro Niksic • Atlasmont Bank Podg. • Invest Bank Montenegro Pod. • Commercial Bank Budva • Opportunity Bank Pod. • First Financial Bank Podgorica • Hypo-Alpe –Adria Bank Podgorica

14. II Presenting AMB • AMB is member of IBF • AMB is associate member of EBF • AMB has good cooperation with ATTF (Luxemburg) and WIB (Poland) • AMB has own magazine The Banker

15. II Presenting AMBCommissions of the AMB • Commission for Prevention of Money Laundering • Internal Audit Commission • Retail Commission • Legal Issues Commission • In-land Payment Operations Co. • International Transactions Co. • Comm.for Monetary and Credit Pol. • Comm.for Standardisation of Banks Procedures • Accounting Commission

16. III Performanse Results of the Banking Sector in 2007 • General Data from the Balance Sheet of Banks (in 000 EUR)

17. III Performance Results in the Banking Sector 2007 • Ownership structure of total bank capital, end of year, %

18. III Performance Results of the Banking Sector in 2007 • Loans and leasing receivables

19. III Performance Results in Banking Sector in 2007 Total bank deposits

20. III Performance Results in Banking Sector in 2007 • Financial results of banks in EUR thousands

21. III Performance Results of the Banking Sector in 2007 • Average of available liquid assets and bank payments made, in euro thousands

22. III Performance of the Banking sector in 2007 • Interest rates

23. PODGORICA, Montenegro, 9thIBF of Banking Associations • THANK YOU FOR YOUR ATTENTION !