Tag: interest rates

Interest rates in Montenegro: February sees minor changes in loan and deposit rates

The average weighted effective interest rate on total approved loans, which includes all their costs, decreased by 0.02 percentage points in February, standing at...

Interest rates on loans and deposits in Montenegro: January trends and changes

The average weighted effective interest rate on total approved loans, which includes all associated costs, decreased by 0.03 percentage points in January, amounting to...

Montenegro’s banking sector: Rising loans, decreasing interest rates and record profits

The average loan amount per capita stands at €3,292, which is €500 higher than in January of last year. Loans to legal entities have...

Montenegro passes Consumer Credit Law to cap interest rates and protect borrowers

The Assembly passed the Consumer Credit Law, which eliminates processing and early repayment fees for housing loans and introduces a maximum allowable effective interest...
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Interest rates on loans in Montenegro decrease in November deposit rates slightly rise

The average weighted effective interest rate on total approved loans, which includes all associated costs, decreased by 0.02 percentage points in November, reaching 6.55%,...

Interest rates on loans and deposits in Montenegro: October trends and changes

In October, the average weighted effective interest rate on total approved loans, which includes all associated costs, decreased by 0.02 percentage points, amounting to...
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