Erste Bank is a systemically important participant on the Montenegrin banking market, whose business indicators confirm its success and good market position, it was assessed at today’s meeting of the Governor of the Central Bank of Montenegro, Rado Žugić, with representatives of that bank.
Discussing the situation on the Montenegrin banking market, it was stated that the banks are stable and adequately capitalized, and that they continuously record positive business indicators
Non-performing loans also recorded a decline during 2023, while this indicator at Erste Bank is below the system average, which confirms the good quality of assets, but also the adequate management of credit risk in this bank – stated in the statement of the CBCG.
The interlocutors agree in the assessment that, in order to overcome all the challenges faced by Montenegro, more dynamic economic growth is necessary.
In this direction, the member of the Management Board of Erste Group Bank AG, Ing Blajer, emphasized the readiness of the Erste Group to continue providing support to domestic investments and business, based on economically sound foundations.
Apart from Blajer, the meeting was also attended by member of the board of Steiermärkische Bank und Sparkassen AG Austria Georg Buher, chairman of the Supervisory Board of Erste Bank AD Podgorica and at the same time chairman of the Board of Directors of Erste & Steiermärkische Bank Hrvatska Kristof Šefbek and chairman of the Board of Directors of Erste Bank AD Podgorica Aleksa Lukić.
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