Tag: central bank

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...

Interest rates are rising

Average effective interest rates on loans last year ranged from 5.82% to 7.34% per month, while for citizens they ranged from 7.54% to 8.71%,...

Montenegro’s economy grew by 6% last year – Growth in bank capital, deposits, and loans also recorded

It is estimated that the real growth of Montenegro's economy in 2023 will amount to 6%, as assessed at the meeting of the Financial...

Card transactions amounted to over one billion euros last year

The trend of increasingly using cards instead of cash has long been popular worldwide, and according to data provided by the Central Bank (CBCG),...
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The value of direct trade turnover with Serbia is 5 million EUR, with Bosnia and Herzegovina close to 70,000 EUR

The direct payment turnover between Montenegro and Serbia, since its establishment in December last year, amounted to around 5 million EUR, according to data...

The growth of the Montenegrin economy is expected to be at a moderate level this year

The growth of the Montenegrin economy is expected to be at a moderate level this year, according to the assessment of the International Monetary...
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