
NLB Banka Podgorica is a major bank in Montenegro, with a rich history dating back to 2002. The bank was established as a result of the merger between Podgorička Banka and Komercijalna Banka.
NLB Banka Podgorica is a subsidiary of NLB Group, which is a leading banking group in the region. The bank has a strong presence in Montenegro, with a network of branches and ATMs across the country.
The bank's history is closely tied to the economic development of Montenegro, which has experienced significant growth in recent years. NLB Banka Podgorica has played a key role in this growth, providing a range of financial services to individuals and businesses.
Leadership and Governance
NLB Banka Podgorica has a well-structured leadership team in place, with Martin Leberle serving as the Chief Executive Officer (CEO) since an unknown date. The Executive Committee consists of five members, including Dino Redzepagic and Lana Durasovic, who joined the team on June 2, 2022.

The Board of Directors is composed of seven members, including Archibald Kremser, who has been the Chairman since February 17, 2022. Other notable members include Marjana Usenik, who has been a Director since December 31, 2013, and Igor Macura, who joined the Board on April 3, 2022.
Here is a list of the current members of the Board of Directors:
- Archibald Kremser (Chairman)
- Marjana Usenik (Director)
- Uros Jerovsek (Director)
- Liliana Lapadatoni Huluta (Director)
- Igor Macura (Director)
- Gordana Ðurovic (Director)
- Branka Pavlovic (Director)
Executive Committee
The Executive Committee plays a crucial role in the leadership and governance of NLB Banka a.d. Podgorica. Martin Leberle is the CEO, responsible for making key decisions.
The Corporate Officers/Principals are Dino Redzepagic, Drazen Vujosevic, and Lana Durasovic. All three joined the Executive Committee on June 2, 2022.
Their titles are Corporate Officer/Principal, and their role is to support the CEO and other members of the Executive Committee.
The Corporate Secretary is Jelena Vujovic, but her exact role and responsibilities are not specified.
Board Composition:
The Board of Directors at NLB Banka a.d. Podgorica is led by Archibald Kremser, who has been the Chairman since February 17, 2022.
Archibald Kremser is 54 years old, which is relatively young for a chairman position. Marjana Usenik, on the other hand, has been a Director/Board Member since December 31, 2013, at the age of 66.
The Board of Directors has undergone some changes in recent years, with several new members joining in 2022. Uros Jerovsek, Liliana Lapadatoni Huluta, Igor Macura, Gordana Ðurovic, and Branka Pavlovic all joined the Board on different dates in 2022.
Here is a list of the current Directors/Board Members:
Who is the Supervisory Board Chairman?
The Supervisory Board plays a crucial role in a bank's leadership and governance. Antonio Argir is the Chairman of the Supervisory Board of NLB Banka Podgorica.
Financial Performance
NLB Banka Podgorica has consistently demonstrated strong financial performance. The bank has a robust capital base, with a capital adequacy ratio of 16.3% in 2020, exceeding the regulatory requirement.
The bank's net interest income has been steadily increasing, reaching €23.4 million in 2020, a 10% growth from the previous year. This growth is attributed to the bank's strategic expansion into new markets.
The bank's operating efficiency has also improved, with a cost-to-income ratio of 43.2% in 2020, a 5% decrease from the previous year. This reduction in costs has contributed to the bank's improved financial performance.
Reliable Financial Partner

As a reliable financial partner, NLB Banka Podgorica boasts a strong team of experienced professionals who have a deep understanding of the banking sector.
Martin Leberle, the President of the Management Board, has almost 40 years of work experience in the banking sector, starting his career in 1985 as a sales manager at the Hypo-Bank branch in Munich.
NLB Banka Podgorica's commitment to financial stability is evident in its key financial indicators, which show impressive results.
Lana Đurasović, a graduated economist and member of the Management Board, has worked her way up from an intern to an expert on the banking system, with a strong focus on finance and financial markets.
Dražen Vujošević, a member of the Management Board since 2021, has extensive experience in risk management and project management, having held various positions since 2008.
Marko Čelebić, an experienced banking professional, has a strong educational background in economics, having earned a university degree from the University of Ljubljana in 2009.
With a team like this, you can trust that NLB Banka Podgorica will provide you with reliable banking solutions tailored to your financial needs.
Annual Revenue

The annual revenue of a bank can give you a good idea of its overall financial health. NLB Banka Podgorica had an annual revenue of $5.5 million in 2025.
This revenue figure can be a useful benchmark for comparing the bank's performance over time.
Company Details
NLB Banka Podgorica is a subsidiary of NLB Group, a leading banking group in Southeastern Europe.
The bank was founded in 1997 and is headquartered in Podgorica, the capital city of Montenegro.
It offers a wide range of financial services to individuals, businesses, and institutions, with a strong focus on retail banking and corporate banking.
History and Business
NLB Banka Podgorica has a rich history dating back over 100 years to its predecessor MNB Crnogorska banka – Banque de Montenegro.
The bank has undergone significant changes over the years, including a merger with Euromarket Bank, which made it the fifth largest financial institution in Montenegro.
In 2021, Komercijalna banka a.d. Podgorica merged with NLB Banka a.d., resulting in NLB Banka Podgorica becoming the second largest financial institution in the country.
Today, NLB Banka Podgorica is a subsidiary bank, a member of the NLB Group, with NLB holding a 99.87% capital stake.
How Many Employees?

NLB Banka Podgorica has a relatively small workforce. 175 people are employed at NLB Banka Podgorica.
Where Is Podgorica?
Podgorica is a city located in Montenegro, a country in the Balkan Peninsula.
NLB Banka Podgorica is based in Podgorica, specifically in the city of Podgorica, which is the capital of Montenegro.
Podgorica is situated on the banks of the Morača River.
SIC Code For
Looking for the SIC code for a specific company? It's an important piece of information that can help you identify their business activities and industry.
The SIC code for NLB Banka Podgorica is 72, 722.
Sources
- https://www.nlbgroup.com/int-en/about-nlb-group/nlb-group-markets/nlb-banka-podgorica
- https://www.marketscreener.com/quote/stock/NLB-BANKA-A-D-PODGORICA-126939262/company/
- https://www.nlbgroup.com/int-en/media-center/press-releases/2021/press-release-15-11-2021
- https://www.ebrd.com/news/2024/ebrd-and-eu-provide-3-million-loan-to-nlb-banka-ad-podgorica-as-part-of-sme-go-green-programme.html
- https://rocketreach.co/nlb-banka-podgorica-profile_b4483ab3fcf6adbc
Featured Images: pexels.com