Komercijalna banka Budva
Encyclopedia
Komercijalna banka Budva (full name: Komercijalna banka a.d. Budva) is a bank operating in Montenegro
Montenegro
Montenegro Montenegrin: Crna Gora Црна Гора , meaning "Black Mountain") is a country located in Southeastern Europe. It has a coast on the Adriatic Sea to the south-west and is bordered by Croatia to the west, Bosnia and Herzegovina to the northwest, Serbia to the northeast and Albania to the...

.

The bank was established and is owned entirely by Komercijalna banka
Komercijalna banka
Komercijalna banka is a bank founded in 1970 in Belgrade, Serbia.It has a network of 251 branches all over Serbia. It is also the founder and 100% stake owner of Komercijalna banka Budva operating in Montenegro...

 of Serbia
Serbia
Serbia , officially the Republic of Serbia , is a landlocked country located at the crossroads of Central and Southeast Europe, covering the southern part of the Carpathian basin and the central part of the Balkans...

, in March 2003 as the bank's subsidiary in Montenegro.

It offers its services through a network of 8 branches: in Budva
Budva
Budva is a coastal town in Montenegro. It has around 15,000 inhabitants, and it is the centre of municipality...

, Podgorica
Podgorica
Podgorica , is the capital and largest city of Montenegro.Podgorica's favourable position at the confluence of the Ribnica and Morača rivers and the meeting point of the fertile Zeta Plain and Bjelopavlići Valley has encouraged settlement...

, Herceg Novi
Herceg Novi
Herceg Novi is a coastal town in Montenegro located at the entrance to the Bay of Kotor and at the foot of Mount Orjen. It is the administrative center of the Herceg Novi Municipality with around 33,000 inhabitants...

, Ulcinj
Ulcinj
Ulcinj is a coastal resort town and municipality in Montenegro. The town of Ulcinj has a population of 10,828 of which the majority are Albanians...

, Kotor
Kotor
Kotor is a coastal city in Montenegro. It is located in a secluded part of the Gulf of Kotor. The city has a population of 13,510 and is the administrative center of the municipality....

, Rožaje
Rožaje
Rožaje , is a town in northeastern Montenegro. It has a population of 9,121 Rožaje is the centre of the municipality, which has a population of 22,693. The municipality is located in the geographical region of Sandžak.-History:The history of Rožaje goes back to 1571 and 1585 when it was first...

, and two in Bar
Bar, Montenegro
Bar is a coastal town in Montenegro. It has a population of 17,727...

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