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Ministry of Education proposes increased scholarships and loans amid reforms

The Ministry of Education, Science and Innovation (MPNI) has announced a proposal to amend the Law on Higher Education, aiming to boost student scholarships...

Central Bank reports slight rise in effective loan interest rates for April

In April, the average weighted effective interest rate on all approved loans, which encompasses all associated costs, saw a slight increase of 0.01 percentage...

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...

Citizens in Montenegro take record-breaking loans in March

Montenegro witnessed a historic surge in loan uptake by citizens in March, as they borrowed a remarkable €76.7 million from local banks, marking the...
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EBRD considers €30 million loan for Montenegro’s rail operator

The European Bank for Reconstruction and Development (EBRD) is currently considering granting a loan of up to €30 million to Montenegro's rail passenger operator,...

Montenegro’s banking sector initiates loan rate reductions to boost consumer welfare

Montenegro's banking sector has recently undergone significant changes, with most banks slashing their interest rates on various types of loans. Data from four major...
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