Browsing: bank

Universal Capital Bank (UCB), the only one in Montenegro that has found interest in establishing direct payment transactions with Serbia and Bosnia and Herzegovina (BiH), expects…

According to the data of the Central Bank (CBCG), the mandatory reserve of banks at the end of October amounted to EUR 289.77 million. Of the…

Total deposits in Montenegrin commercial banks as of October 31st, 2023 amount to 5.5 billion euros, and the majority – 2.86 billion or 52 percent -…

The systemic risk to financial stability can be characterized as moderate, and it is necessary to continue to carefully monitor the indicators of the stability of…

The European Commission (EC) recognized the full commitment of the Central Bank (CBCG) to the process of joining Montenegro to the European Union (EU) and positively…

The government intends to strengthen the partnership with the World Bank (WB), which is ready to provide support to Montenegro, not only through credit programs and…

A positive result on the Montenegrin banking market at the end of September was recorded by ten commercial banks, whose total profit amounted to EUR 112.78…

Direct payment transactions between Montenegro and Serbia and Bosnia and Herzegovina (BiH) should be established this month after 16 years, through Universal Capital Bank (UCB), which…

Despite daily price increases and inflation, citizens’ savings in banks are growing, data from the Central Bank show. Thus, citizens have a total of EUR 2.65…

In the latest report, the World Bank (WB) has increased the Montenegrin economic growth forecast for this year to 4.8%. – That is 1.5 percentage points…