Brokerage department

On 26.10.2011 Securities Commission of Montenegro issued a work permit to brokerage department of Universal Capital Bank AD to conduct activities as authorized participant on securities market of Montenegro.

Shortly thereafter 30.11.2011 we sign a membership agreement with Montenegro Stock Exchange Podgorica and becoming the youngest participant in the securities market in Montenegro. Also 08.11.2011 we became a member of the Central Depository Agency which we acquired all of the conditions for work.

On 01.12.2011 brokerage department of UCB officially start with work. Already in the first month of operation, we achieved excellent results that are reflected in the large participation in total turnover on the Montenegro Stock Exchange.