The establishment of a credit guarantee fund in Montenegro aims to stimulate and accelerate economic activities, providing new opportunities for businesses that previously faced limited or difficult access to capital.
Economic analyst Mirza Mulešković emphasized that the fund should prioritize women entrepreneurs and business starters, especially in the tourism, agriculture, and manufacturing sectors.
With the adoption of the Law on the Credit Guarantee Fund, new possibilities open for Montenegro’s economy, strengthening economic resilience and supporting the private sector.
The fund will increase access to financial resources for starting and improving businesses, reduce financial barriers, share risks with banks, enhance domestic competitiveness, and contribute to job creation.
Mulešković highlighted the fund as a vital opportunity to diversify the economy and stressed the importance of well-designed policies and careful project selection to encourage all sectors of Montenegro’s economy.
Services will target entrepreneurs, micro, small, and medium-sized enterprises, and agricultural producers—groups that traditionally struggled to secure financing from credit institutions.
The fund will particularly support vulnerable groups in entrepreneurship, including women and youth, with focus on agriculture, tourism, and manufacturing sectors where Montenegro has strong potential.
The initial founding capital of the fund will be €10 million.
