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31/05/2017

The CBCG Governor, Mr Radoje Žugić, PhD, met with the Chief Executive Officer of Addiko Bank AG Vienna, Mr Ulrich Kissing. Both Chief Executive Officer of Addiko Bank AD Podgorica, Mr Christopher Schoen and President of the Board of Directors of Addiko Bank AD Podgorica, Mr Johannes Proksch were present at the meeting as well.

The chief executive officer of Addiko Bank AG Vienna, Mr Kissing presented to the Governor the business activities of the Bank and policy this Group pursues with the aim of further improving its market position in Montenegro and the region. Mr Kissing underlined that the Addiko Bank is developing in line with the planned dynamics, recording positive financial results in all countries it deals in, therefore continuously strengthening the trust of its clients while improving business.

The Governor Žugić supported Addiko Bank business activities and the plans for the upcoming period, specifically when it comes to further lowering the level of non-performing loans as well as activities representing a stronger real sector support.

Extending the intensive cooperation on operational level and a full support to the planned activities of Addiko Bank, in line with the CBCG competences, have been agreed.