Addiko Bank Crna Gora review

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

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Our verdict

Addiko Bank Crna Gora offers fixed rate personal loans for home improvement to creditworthy residents of Montenegro, at an APR of 6.16%. It suits borrowers planning a project who want a predictable monthly cost and an application answer within minutes, with no fee on online applications.

Key facts

Best for
A fixed rate home improvement loan in Montenegro with a quick application answer.
APR
6.16% (Source, checked September 26, 2026)
Loan amount
€40,000 (Source, checked September 26, 2026)
Term
up to 96 months (Source, checked September 26, 2026)
Arrangement fee
0 EUR for online applications (Super kes kredit: 80 EUR in branch) (Source, checked September 26, 2026)
Funding time
Application answer within minutes (Source, checked September 26, 2026)
Representative example
40,000 EUR over 96 months, nominal rate 5.99%, effective rate 6.16%, monthly instalment 525.46 EUR, total payable 50,446.46 EUR (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Creditworthy residents of Montenegro (Source, checked September 26, 2026)
Loan types
Personal (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
Addiko Bank AD Podgorica (Source, checked September 26, 2026)
Headquarters
Montenegro (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Same-day funding
Official website
addiko.me

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
LinkedInfacebook.com

Pros and cons

Pros

  • A fixed rate (fixed) keeps the instalment unchanged across the whole term.
  • Same day funding is offered (same day funding) and the application answer comes within minutes (Application answer within minutes).
  • The loan amount reaches €40,000, well above the site median of €876.96.
  • Support covers email, chat, phone and a help centre (email, chat and phone).

Cons

  • The longest term is up to 96 months, so a stretched repayment carries more total interest.
  • Eligibility is limited to creditworthy residents of Montenegro (Creditworthy residents of Montenegro).
  • The arrangement fee is free for online applications, while a fee applies in branch on the Super kes kredit product.
Addiko Bank Crna Gora

Ready to try Addiko Bank Crna Gora?

Scored 9.4 / 10 by BorrowCue.

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Who it suits

  • Borrowers in Montenegro with a planned home improvement project and a fixed monthly cost in mind.
  • Anyone who wants an application answer within minutes (Application answer within minutes) rather than a long credit process.
  • People who prefer dealing with the bank itself, since it lends as a direct lender (direct lender).

Who should look elsewhere

  • Borrowers outside Montenegro, who fall outside the eligibility of creditworthy residents (Creditworthy residents of Montenegro); Monzo Flex quotes 10% to 23% for comparison.
  • Anyone chasing a lower headline rate, since Cashspace ES lists 0%.

How your money is protected

Addiko Bank Crna Gora lends directly (direct lender), so the agreement is with the bank itself rather than a broker or a comparison site. The representative example sets out one loan in full: the amount borrowed, the rate applied, the monthly instalment and the total repaid. Those figures show the whole cost before you commit.

How Addiko Bank Crna Gora compares

Where Addiko Bank Crna Gora is available

Available
Montenegro

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

Frequently asked questions

What APR does Addiko Bank Crna Gora charge?+

The stated APR is 6.16%. The rate type is fixed (fixed), so the monthly payment stays the same for the life of the loan. The representative example shows a single loan at that effective rate, with its instalment and the total repaid.

Is there an arrangement fee?+

The arrangement fee is free for online applications, so opening a loan at 6.16% APR costs nothing extra when you apply online. A fee applies in branch on the Super kes kredit product, so the application route changes what that loan costs you.

How much can I borrow and over what period?+

The amount is €40,000 and the term runs to up to 96 months. Longer terms mean more interest added to the total, so the instalment and the total repaid are the two figures to compare. The representative example shows both for a standard loan.

How fast is the money?+

The application answer comes within minutes (Application answer within minutes), and same day funding is offered (same day funding). A quick answer is not the same as cash in the account, so confirm the disbursement step with the bank before you plan around the timing.

Who can apply?+

Eligibility is limited to creditworthy residents of Montenegro (Creditworthy residents of Montenegro). The bank is based in Montenegro (ME) and lends as a direct lender (direct lender), so you deal with the bank itself. Applicants in other countries need a lender serving their market.

How do I get help if something goes wrong?+

Support runs through email, chat, phone and a help centre (email, chat and phone). Phone and chat suit quick questions, and the help centre holds the product details in writing. Anything tied to your own application, such as the status of a decision, can go straight to the bank.

How do the costs compare with other lenders?+

The APR here is 6.16% on a fixed rate. Cashspace quotes PHP 12 to PHP 36 and Monzo Flex quotes 10% to 23%, which leaves this rate below the middle of the personal loan market at 12.25%. Currencies differ, so compare like for like before switching.

Sources

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Credit check.

Addiko Bank Crna Gora

Addiko Bank Crna Gora

A fixed rate home improvement loan in Montenegro with a quick application answer.

9.4/10See alternatives

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