Tag: interest rate

Proposal for interest rate caps sparks debate in Montenegro

The Action for Social Justice (ASP) has urged the Ministry of Finance to consider implementing a maximum interest rate for loans, extending this measure...

Montenegrin banks reduce loan interest rates by an average of eight percent over the last three months

The average effective interest rate on loans approved in April was 6.89%, down from 7.50% in February. For individuals, the average interest rate decreased...

Montenegro’s loan interest rates show marginal shifts in February

In February, the weighted average effective interest rate on approved loans saw a slight uptick of 0.05 percentage points compared to January, reaching 6.65...

Montenegro successfully issues $750 million bonds on international market

Montenegro achieved a successful fundraising effort by issuing $750 million in bonds on the international market. The bonds, with a maturity period of 7...
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Montenegro needs to repay 3 billion EUR of debt by the end of 2027

The Ministry of Finance is monitoring international market developments to determine the most favorable timing for a potential bond issuance, and one of the...

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%,...
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