Tag: commercial banks

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CBCG reports banks’ mandatory reserve at €326.38 million at end of January

The Central Bank of Montenegro (CBCG) has released data showing that mandatory reserves held by commercial banks in the country totalled €326.38 million at...

Montenegro: Central Bank and commercial banks review SEPA results and set priorities for 2026

Governor of the Central Bank of Montenegro (CBCG) Irena Radović and her team held a meeting today with the management of commercial banks to...

Montenegro’s banks post €114 million profit in Q3, led by CKB, NLB, and Hipotekarna

Ten commercial banks in Montenegro reported positive results at the end of the third quarter of this year, with a combined profit of 114.18...

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...
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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...
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