IBM Payment Start Notice

Pursuant to Article 36 of the Deposit Protection Law (OGM 44/10, 40/11, 47/15) and Article 13 of the Guide to Informing Depositors and Potential Depositors about the Deposit Protection Scheme (OGM 16/12), the Deposit Protection Fund hereby issues the followingDeposit Protection Fund

No. 57/1

Podgorica, 23. January 2019

ANNOUNCEMENT

 Pursuant to the Decision of the Central Bank of Montenegro no. 0101-10202-3/2018 of 4 January 2019 on instigating bankruptcy proceedings against INVEST BANKA MONTENEGRO AD PODGORICA and pursuant to the provisions of the Deposit Protection Law (OGM 44/10, 40/11, 47/15) (hereinafter: the Law), the protected event occurred on the same day. As at the payout date, the Deposit Protection Fund (hereinafter: the Fund) shall take over the depositors’ claims from INVEST BANKA MONTENEGRO AD PODGORICA in the amount of calculated protected deposits.

 

The payout of guaranteed deposits will commence on 28 January 2019 from 10 AM via:

 

SOCIETE GENERALE BANKA MONTENEGRO AD Podgorica,

HIPOTEKARNA BANKA AD Podgorica and

NLB BANKA AD Podgorica

 

The payout of guaranteed deposits in the branches of SOCIETE GENERALE BANKA MONTENEGRO AD Podgorica at the following locations:

 

• Branch – Trg, address: Trg Nezavisnosti 35, Podgorica on weekdays from 08:00 to 21:00 hours and on Saturday from 08:00 to 17:00 hours – (natural persons);
• Branch – Moskovska, address: Moskovska 2D, Podgorica, on weekdays from 08:00 to 16:00 hours and on Saturday from 08:00 to 13:00 hours – (natural and legal persons) and
• Branch – Delta City, address: Delta City, Cetinjski put bb, Podgorica, every day from 10:00 to 22:00 hours – (natural persons).

 

 

The payout of guaranteed deposits in the branches of HIPOTEKARNA BANKA AD

Podgorica at the following locations:

 

• Branch in Podgorica, address: Bulevar Svetog Petra Cetinjskog 130, Podgorica on weekdays from 08:00 to 20:00 hours and on Saturday from 08:00 to 13:00 hours – (natural and legal persons);
• Branch in Podgorica, address: Bulevar Josipa Broza Tita 67, Podgorica on weekdays from 08:00 to 16:00 hours -(natural and legal persons).

 

The payout of guaranteed deposits in the branches of NLB BANKA AD Podgorica at the following locations:

 

Branch I – Podgorica, address: Bulevar Ivana Crnojevića 171, Podgorica on weekdays from 08:00 to 20:00 hours and on Saturday from 08:00 to 13:00 hours – (natural and legal persons);

• Branch II – Podgorica, address: Bulevar Svetog Petra Cetinjskog 53, Podgorica on weekdays from 08:00 to 16:00 hours and on Saturday from 08:00 to 13:00 hours – – (natural persons).;
• Branch III – Podgorica, address: Bulevar Pera Ćetkovića 52, Podgorica on weekdays from 08:00 to 16:00 hours and on Saturday from 08:00 to 13:00 hours –
  • (natural persons).;
• Branch V – Podgorica, address Ulica Drpe Mandića bb, TC Gintaš, Podgorica

on weekdays from 08:00 to 16:00 hours and on Saturday from 08:00 to 13:00 hours

• (natural persons).;

• Branch VI – Podgorica, address: Ulica Cetinjski put 20, City kvart, Podgorica

on weekdays from 08:00 to 16:00 hours and on Saturday from 08:00 to 13:00 hours

• (natural persons).

 

Depositors may exercise their right to the guaranteed deposit payout via the banks listed above within 36 months (3 years) following the payout commencement date after which they may contact the Deposit Protection Fund directly until the expiry of the statute of limitations for claims.

 

Depositors — natural persons may collect their guaranteed deposits in cash, transfer the funds to an account opened in the selected payout bank or to an account opened in another bank.

 

Depositors — legal persons may collect their guaranteed deposits only by transferring them to an account opened in the selected payout bank or a (gyro) account in another bank held in the name of that depositor and evidenced by enclosed photocopy of the document on the depositor’s active account.

 

All powers of attorney must be certified after 4 January 2019, i.e. the authorized person may not dispose of the guaranteed deposit on the basis of a letter of attorney held during the regular business of the failed bank prior to the initiation of the bankruptcy proceedings.