Tag: commercial banks

Montenegro Central Bank warns banks against misleading clients on ID card requirements

The Central Bank of Montenegro (CBCG) has issued a precautionary warning to commercial banks, urging them not to tell clients that their access to...

Montenegro launches first retail bond program to boost citizen investment and capital market

Six Montenegrin banks—NLB, Erste, CKB, Prva banka, Hipotekarna banka, and Universal Capital Bank—will partner with the Ministry of Finance on the country’s first retail...

Banks will block accounts without updated ID cards

Under the Law on Credit Institutions, Montenegrin banks are required to verify clients’ identities in line with anti-money laundering and counter-terrorism regulations. This means...

Montenegrin banks report €72.77 million profit in second quarter

A positive result was recorded in Montenegro's banking market at the end of the second quarter of this year, with ten commercial banks reporting...
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Montenegro’s commercial banks contribute €7.51 million to Resolution Fund as banking system remains stable

Commercial banks in Montenegro have contributed a total of €7.51 million to the Resolution Fund since its establishment, according to the Central Bank of...

Montenegro’s banks report strong profits in Q1 2025, led by Crnogorska Komercijalna Banka

At the end of the first quarter of 2025, all 11 commercial banks in Montenegro reported positive results, with a total profit of €34.17...
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