Tag: loans

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...

Action for Social Justice (ASP) calls for maximum interest rate cap on loans to protect borrowers

The Action for Social Justice (ASP) has recommended that the Ministry of Finance consider implementing a maximum interest rate for loans, applicable not only...

Montenegro’s €200 million loan sparks concerns over Fiscal Strategy and economic stability

The Government of Montenegro has borrowed around €200 million to finance regular expenditures, despite the Fiscal Strategy outlining planned borrowings solely for capital investments....

One-third of Montenegrins in debt: Challenges and financial advice

A third of the citizens of Montenegro are in debt, with their total loans to banks nearing two billion euros. According to the Central...
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Average interest rates on loans and deposits in July show mixed trends

In July, the average weighted effective interest rate on total approved loans decreased by 0.01 percentage points, standing at 6.6%, according to data from...

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...
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