Addiko to be listed on the Vienna Stock Exchange 

foto: Addiko banka

Podgorica, (MINA-BUSINESS) – Chief Executive Director of Addiko Bank Christoph Schoen has said that an increase in the bank’s profit is a result of higher revenues and cost management, announcing that the group plans to list on the Vienna Stock Exchange.

Governor of the Central Bank (CBCG) Radoje Zugic met with Schoen and Addiko Bank’s Executive Director for Risk Management and Finance Rade Bajic.

Schoen said that Addiko had done a lot in the previous period in terms of reduction of the operating risks, in parallel with the innovations related to credit products in retail and SME segment.

According to a press release issued by the CBCG, Zugic said that Addiko Bank’s performance indicators were improving continuously, adding that the bank was liquid, solvent and profitable.

The plans of Addiko Bank focusing of further upgrading of services and strengthening its market position were also discussed at the meeting. Longer version of article is available on a link MINA ENGLISH SERVIS