One of the safest ways to increase your company's profitability is to generate revenues from the interest on the deposits. We provide you with the opportunity to employ a surplus of your liquid funds by depositing the funds with us at the very competitive rates for the term period that suits you best, thus achieving security of revenues and good profit


The Bank has defined the interest rate on term deposits of legal entities in EUR (euro) and USD (US dollars) for the term deposit amounting from EUR/USD 500.00  to EUR/USD 50,000.00  and and for the term deposit  maturity of 12, 24 and 36 months. 


The client shall pay the tax that will be deducted from the revenues the client has gained on the basis of the interest rate. In the name of and on behalf of the Client – a non-resident legal person, the Bank shall calculate, deduct and transfer the tax payment to the Tax Administration of Montenegro, in accordance with the Law on tax on profit of legal persons.


Clients’ deposits with the Bank are protected according to the Law on deposit protection 

    Check the conditions for the specific deposit products on the Savings Calculator.


    To arrange a meeting or learn more details: 

      The term deposits with the monthly interest payment- in this case the interest on the term deposit is calculated and paid monthly on a last day of a month and transferred to the Client’s transaction account, while the principal amount shall be paid upon the expiration of the fixed-term maturity period,  in the manner that the interest accrued is added to the principal amount for the period as of the latest calculation period and the day the deposit has matured and such amount is transferred to the transaction account of the Client;

       

      The interest is calculated and paid on a maturity day in the currency of the term deposit, by transferring a net interest income to a Client’s transaction account with the Bank, deducted by the amount of the income tax levied on the non resident legal persons that in accordance with the Law on tax on profit of legal persons the Bank shall pay in the name and on behalf of the client.

       

      Two options are offered: 

       

      * With a clause "without the option to early end the term deposit";

      * * With a clause "with the option to early end the term deposit up to 20% of the deposit principal amount".

      Period on which the Bank receives the term deposits

      500 – 50 000 EUR*

      500 – 50 000 EUR**

      12 months

      2,20%

      2,00%

      24 months

      2,60%

      2,40%

      36 months

      3,10%

      2,90%

      * For longer than 36 months fixed term deposits as well as for the term deposits exceeding EUR 50,000.00, the interest rates shall be individually contractually agreed for each individual case

      The term deposits with the monthly interest payment- in this case the interest on the term deposit is calculated and paid monthly on a last day of a month and transferred to the Client’s transaction account, while the principal amount shall be paid upon the expiration of the fixed-term maturity period,  in the manner that the interest accrued is added to the principal amount for the period as of the latest calculation period and the day the deposit has matured and such amount is transferred to the transaction account of the Client;

       

      The interest is calculated and paid on a maturity day in the currency of the term deposit, by transferring a net interest income to a Client’s transaction account with the Bank, deducted by the amount of the income tax levied on the non resident legal persons that in accordance with the Law on tax on profit of legal persons the Bank shall pay in the name and on behalf of the client.

      Period on which the Bank receives the term deposits

      500 – 50 000 USD*

      500 – 50 000 USD**

      12 months

      2,50%

      2,30%

      24 months

      3,00%

      2,80%

      36 months

      3,50%

      3,30%

      * For longer than 36 months fixed term deposits as well as for the term deposits exceeding EUR 50,000.00, the interest rates shall be individually contractually agreed for each individual case