As of the end of July, the Central Bank of Montenegro (CBCG) reports that 20,630 businesses and entrepreneurs were under account blockades, a slight increase from the previous month. The total debt amount causing these blockades has reached nearly 1.29 billion EUR, marking a 1.56% rise compared to June.
The debt concentration is notably high, with the ten largest debtors—constituting just 0.05% of all recorded entities—responsible for 30.46% of the total blocked amount. Their accounts are blocked for a combined 393.64 million EUR.
The CBCG’s data also reveals that 50.8% of the total blocked funds, equivalent to 656.43 million EUR, are held by the 50 largest debtors, who make up 0.24% of all debtors.
Currently, 1,710 entities have been in continuous blockade for up to one year, with their accounts blocked for a total of 41.81 million EUR, accounting for 3.23% of the total blocked amount.
For those in blockade for more than a year, the figures are more severe: 18,910 companies or entrepreneurs have accumulated a blockade total of 1.25 billion EUR.
