November 15, 2021
After a successful operational merger over the weekend, NLB banka Podgorica and Komercijalna banka Podgorica are now one bank. The technical merger of the two banks, as well as the transfer of clients and the entire Komercijalna banka system under the auspices of NLB was completed smoothly and in accordance with the detailed plan and preparations made by the teams of both banks in the last months. This, however, is only the first integration of a bank from Komercijalna banka group to NLB Group – the Group is namely preparing for an even more extensive integration of banks in Serbia, scheduled for the end of April next year.
“We are very proud of all our colleagues who have been working tirelessly for the past months and especially during the nearly five-day merger operation. From the very beginning our goal was not only to securely connect the two information systems, but to compete the process with the highest degree of transparency for both our new employees and our clients, whom we wish a warm welcome,” pointed out CEO of NLB Banka Podgorica Martin Leberle as the process was completed. Above all we will continue to work hard to offer our clients the best services and user experience, he added and cited improved e- and m-banking solution NLB Klik as the first example of the merger and synergy amongst the two banks.
After the merger, the total assets of NLB banka Podgorica amount to over EUR 700 million. The loan portfolio has increased by 20% and now amounts to over EUR 500 million. The now combined bank has gained additional 27.000 retail clients, as well as 3 new branches in Podgorica, Budva and Kotor and now has a total of 22 branches.