Tag: loans

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...

Balancing act: Montenegro’s shift in lending dynamics and real estate realities

In the near future, citizens can anticipate more favorable borrowing conditions, as all banks are poised to offer housing and consumer loans at reduced...

Citizens continue to take out housing loans, owing nearly 600 million euros

According to the latest available data from the Credit Registry of the Central Bank of Montenegro, as of December 31st, 2023, individuals were granted...

Deposits exceed the state budget by 2 billion EUR

Total deposits of citizens and businesses at the end of October amounted to EUR 5.536 billion. In a one-year period, they recorded an increase...
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Liquid assets of banks in September EUR 1.76 billion

Banks' liquid assets in September amounted to EUR 1.76 billion, which is 4.82 percent less than in August. The liquid assets of banks in September,...

Rising interest rates

The average weighted effective interest rate on total approved loans, which includes all their costs, in August compared to July increased by 0.04 percentage...
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