Tag: banking sector

Montenegro’s banking sector: Mandatory reserve requirements and policies

As of the end of March, the Central Bank of Montenegro (CBCG) reported that banks maintained a mandatory reserve totaling 286.05 million euros. Of this...

Montenegro’s delegation engages with IMF officials

In the midst of the Spring Gatherings in Washington, Montenegro's delegation, headed by Dr. Irena Radović, the Governor of the Central Bank of Montenegro,...

The Central Bank of Montenegro evaluates license request from Zeren Group for new bank venture

Nikola Bašanović, Director of the Directorate for Licensing, Approvals, Measures, and Assessment of Compliance at the CBCG, informed "Vijesti" about a license request received...

Central Bank Governor and German Ambassador discuss Montenegro’s banking sector stability and EU integration

The stability of Montenegro's banking sector was reaffirmed by Irena Radović, the Governor of the Central Bank (CBCG), during a meeting with German Ambassador...
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Montenegro’s banking sector initiates loan rate reductions to boost consumer welfare

Montenegro's banking sector has recently undergone significant changes, with most banks slashing their interest rates on various types of loans. Data from four major...

Banking sector overview: Liquidity trends and financial health in December

In December of the previous year, the liquid assets of banks totaled 1.6 billion EUR, marking a 5.41% decrease compared to November. Relative to the...
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