Societe Generale Montenegro began operations in 2001 under the name Podgoricka Banka.
In October 2005, France's Societe Generale bought some 64% stake in Podgoricka Banka for EUR 14.2 million. It purchased another 10% in the Montenegrin lender for EUR 2.2 million the following month.
The French banking group operates in 77 countries around the globe and serves over 33 million clients annually. It changed the name of Podgoricka Banka to Societe Generale Montenegro in May 2012.
Full name: Societe Generale Bank AD Podgorica
Previous name(s): Podgoricka banka Societe Generale (2012)
Legal Form: Public Limited Company
Operational Status: Operational
Incorporation Date: 2001