Tag: loan

EBRD approves €35 million loan for Montenegro’s SCADA/ADMS system and smart meter implementation

The European Bank for Reconstruction and Development (EBRD) has approved a €35 million loan to the Montenegrin electricity distribution system (CEDIS) for the implementation...

Montenegro saves 6.8 million EUR this year through hedging arrangement with Chinese Exim Bank

Montenegro has saved 6.8 million EUR in its budget this year, thanks to a hedging arrangement linked to a dollar-denominated loan from the Chinese...

Montenegro’s progress in repaying highway loan to Chinese EXIM Bank

Montenegro has made significant progress in repaying its loan to the Chinese EXIM Bank for the highway section from Smokovac to Mateševo. According to...

Montenegro’s January loan interest rates: A overview

In January, the average weighted effective interest rate for all approved loans saw a slight uptick of 0.01 percentage points compared to December of...
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Highway record far from sustainable

On Sunday, August 13th, a new record was set in the number of vehicles passing 15.55 thousand on the Podgorica - Mateševo ​​highway section,...

Montenegro Exits Deal That Hedged Mammoth Chinese Highway Loan

In a show of confidence in its finances, Montenegro will end a deal with Western banks that protected it from increased debt on a...
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