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Montenegro’s Credit Guarantee Fund Law nears finalization, aims to support SMEs

The Minister of Economic Development, Nik Đeljošaj, announced late last year that the draft law on the Credit Guarantee Fund (KGF) is in its...

Montenegro’s credit conditions: Business tightening, household easing in Q1 2023

Credit conditions tightened for businesses in Q1 compared to the previous quarter, according to banks' assessments, while they eased slightly for households, as indicated...

Population decreases, but credit indebtedness is rising

In Montenegro, almost every second adult citizen is credit indebted, with an average debt per adult citizen of our country amounting to around 4,500...

Positive evaluations of the Central Bank’s work in the new European Commission report

The European Commission (EC) recognized the full commitment of the Central Bank (CBCG) to the process of joining Montenegro to the European Union (EU)...
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Last year’s GDP grew by 6.1% to EUR 5.79 billion

The real growth of gross domestic product (GDP) last year amounted to 6.1% and was realized in the nominal amount of EUR 5.79 billion,...

Montenegro, The Ministry of Finance: Deutsche Bank is a respectable partner

The Ministry of Finance, on behalf of the Government of Montenegro, provided EUR 100 million for the financing of budget obligations in the current...
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