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Hipotekarna Banka review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Hipotekarna banka is a Podgorica based bank for savers in Montenegro who want a euro deposit for an agreed stretch. What you give up for that convenience is the return: the headline rate is €0.02 to €0.90, and the money stays put until the term ends.

Key facts

Best for
A euro term deposit in Montenegro for savers who can wait for the agreed end.
Headline rate
€0.020 to €0.90↗
Rate type
Variable↗
Term
3 to 36 months↗
Access terms
At the end of the agreed term the client can withdraw the whole amount or opt for a new term↗
Account kind
Fixed↗
Legal entity
Hipotekarna banka AD Podgorica↗
Headquarters
Montenegro↗
Support channels
Phone, Email, Chat↗
Official website
hipotekarnabanka.com

Loans

APR
8.33% to 11.4%↗
Loan amount
€5,000↗
Arrangement fee
One-off processing fee 0 EUR for existing bank clients; 101.47 EUR for non-clients on a 5,000 EUR cash loan (plus 4/8 EUR promissory note and 3/6 EUR credit registry inquiry fee)↗
Credit check
Hard↗
Representative example
Cash loan for existing clients: 5,000 EUR over 72 months, NKS 8.28% p.a., EKS 8.33% p.a., monthly instalment 87.62 EUR, total repaid 6,348.73 EUR↗
Lender type
Direct lender↗
Eligibility
Citizens of Montenegro: any natural person acting for purposes other than trade, business, craft or profession, subject to the bank's creditworthiness assessment; no age rule stated↗
Origination fee (%)
2.03%↗
Loan types
Personal, Secured, Student, Car↗

Mortgages

Initial rate
4.99% to 7.5%↗
APRC
5.18%↗
Fixed period
20 years↗
Maximum loan to value
80%↗
Product fee
€0↗
Purpose
Purchase, Remortgage↗

Debit cards

Card type
Debit↗

Facts checked September 26, 2026, 8 sources

Apps and profiles

Elsewhere
WikidataLinkedInXyoutube.com

Pros and cons

Pros

  • Support runs on phone, email and chat, covering phone, email and chat.
  • The one-off processing fee on a cash loan is free for existing bank clients, and the loan amount starts at €5,000.

Cons

  • Savings pay €0.02 to €0.90, well under the 3.01% on offer at bunq and the 3.29% from Wise.
  • The account runs as fixed for 3 to 36, so the balance stays put until the agreed end.
  • The rate type is variable, so the headline rate can move during the term.
Hipotekarna Banka

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Who it suits

  • Savers in Montenegro who can hold a euro deposit for 3 to 36 and want a maturity that suits them.
  • Existing bank clients, who pay no one-off processing fee on a cash loan of €5,000 at an annual rate of 8.33% to 11.4%.
  • Homebuyers and movers: an initial rate of 4.99% to 7.5% for 20, an annual percentage rate of 5.18% and lending up to 80%.

Who should look elsewhere

  • Rate hunters, because bunq pays 3.01% and Wise pays 3.29% against €0.02 to €0.90 here.
  • Anyone wanting a wider rate range, because Finteres advertises 0% to 36% where this bank pays €0.02 to €0.90.

How Hipotekarna Banka compares

Where Hipotekarna Banka is available

Available
Montenegro

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate do I earn on savings?+

Savings pay €0.02 to €0.90 a year on a euro account with a term of 3 to 36. The account kind is fixed, so the money is placed for an agreed period, and at the end of that period the whole amount can be withdrawn or a new term chosen.

Is the savings rate locked in or can it change?+

The savings rate type is variable, so the headline rate of €0.02 to €0.90 is not fixed for the whole term. Borrowing is steadier by comparison: the mortgage carries an initial rate of 4.99% to 7.5% for a fixed period of 20, with lending up to 80%.

Who can open an account and borrow?+

Citizens of Montenegro can apply, including any natural person acting for purposes other than trade, business, craft or profession, subject to the bank's creditworthiness assessment, with no minimum age stated. The legal entity is Hipotekarna banka AD Podgorica, and the credit check on consumer credit is hard.

What does a cash loan cost?+

The one-off processing fee is free for existing bank clients, while non-clients pay a fee on a cash loan of €5,000, plus a promissory note charge and a credit registry inquiry fee, with an origination fee of 2.03% on top. The published rate is 8.33% to 11.4% a year.

What are the mortgage terms?+

The mortgage starts at an initial rate of 4.99% to 7.5% for a fixed period of 20, with an annual percentage rate of 5.18% and a maximum loan to value of 80%. It covers purchase and remortgage, and the product fee is €0.

How do I get help, and what else is on offer?+

Support runs on phone, email and chat, so phone, email and chat are all listed for savers and borrowers. Everyday spending runs through a debit card, lending is direct from the bank across personal, secured and student, and the product fee on a mortgage is €0.

How does the rate compare with other savings offers?+

The headline rate here is €0.02 to €0.90, against 3.01% at bunq and 3.29% at Wise, so the gap is wide. On the ranking the brand sits at 460 of 488 on rate, with the site median at 3%.

Sources

Compiled from 8 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Minimum deposit, Deposit protection.

Hipotekarna Banka

Hipotekarna Banka

A euro term deposit in Montenegro for savers who can wait for the agreed end.

See alternatives