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ECB expected to keep interest rates unchanged until 2027

Despite a more stable inflation outlook and gradual economic normalization, the European Central Bank (ECB) is signalling that monetary tightening may remain in place...

Average loan interest rates edge down in August, deposit rates slightly higher

In August, the average weighted effective interest rate on total approved loans, which includes all related costs, decreased by 0.01 percentage points to 6.28%,...

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...
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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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