Hype Alpe Adria bank to open its first office in Montenegro

Austrian Hypo Alpe-Adria bank will open its first branch in Montenegro in Podgorica on Monday, April 10, 2006.

The bank will be offering favorable mortgage and cash loans, as well as secure savings. The economy will be offered short-term, mid-term and long-term loans.

The bank will enable both quick and efficient payment operations in country and abroad to its clients.

Hypo Alpe-Adria bank was founded in 1896 in Austria and it is the only international financial corporation that is dedicated to supply of services exclusively on territory of the Alps-Adriatic region.

Its business network ecompasses over 200 offices and branches in 8 countries - Austria, Germany, Lichtenstein, Italy, Slovenia, Croatia, Bosnia and Herzegovina and SCG.