Prva Bank: EPCG's income from subordinated debt will amount to approximately EUR 8,4 million

"We point out that with a simple mathematical calculation based on the data presented, it can be determined that EPCG has so far earned approx. 7,1 million euros from the First Bank of Montenegro based on interest on subordinated debt in the period from March 31.03.2010, 01.10.2024 to October XNUMX, XNUMX." , they said from Prva banka

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First bank, Photo: Biljana Matijašević
First bank, Photo: Biljana Matijašević
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The total income of Elektroprivreda Crne Gore (EPCG) on the basis of subordinated debt from Prva Banka Montenegro will amount to approximately EUR 8,4 million, Prva Banka announced today.

They reacted to the author's text of Milutin Đukanović, president of the EPCG Board of Directors "Supply, trade, KAP, Prva banka - decisions of vital importance for EPCG's operations" which was published today on Portal Vijesti.

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Milutin Đukanović: Supply, trade, KAP, Prva banka - decisions of vital importance for the business of EPCG

"Regarding the information that Mr. Đukanović, the chairman of the EPCG board of directors, presented in his statement entitled 'Supply, trade, KAP, Prva banka - decisions of vital importance for EPCG's operations', published in the media on 12.09.2024/7,1/31.03.2010. year, we point out that based on the presented data, EPCG has so far earned approx. 01.10.2024 million euros on the basis of interest on subordinated debt in the period from 01.04.2028 to 1,3 By the end of the subordinated debt maturity period (April 8,4, XNUMX), EPCG will earn another XNUMX million euros, so that EPCG's total income from the subordinated debt from Prva Banka Crne Gore will be approximately XNUMX million euros. in the press release of Prva banka.

That bank added that they treat their clients' deposits professionally and with full responsibility.

"Their trust has not been called into question by anything, as can be seen from the facts presented by the EPCG president," reads the announcement of Prva banka.

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