Tag: central bank

Montenegro’s path to payment system modernization and EU integration

During a meeting between Central Bank Governor Irena Radović and European Central Bank (ECB) Executive Board member Pierre Cipollone, it was underscored that the...

Montenegro’s Central Bank achieves full compliance with EU standards in payment transactions

The Central Bank of Montenegro (CBCG) has fully aligned its regulations in the field of payment transactions with the legal framework of the European...

Central Bank governor meets Greek ambassador

The banking sector of Montenegro is stable, well-capitalized, and highly liquid, according to the Governor of the Central Bank (CBCG), Irena Radović, as she...

Mandatory reserve of 290.4 million EUR

The mandatory reserve of banks at the end of January, according to data from the Central Bank (CBCG), amounted to 290.4 million EUR. Of the...
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Payment transactions in January amounted to 1.39 billion EUR

The value of realized payment transactions for 21 working days in January amounted to 1.39 billion EUR, which is 50 percent less than in...

Citizens continue to take out housing loans, owing nearly 600 million euros

According to the latest available data from the Credit Registry of the Central Bank of Montenegro, as of December 31st, 2023, individuals were granted...
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