Browsing: banking sector

The Central Bank of Montenegro (CBCG) imposed fines totaling 830,700 euros on banks last year for the first time in its history, targeting anti-money laundering and…

The Central Bank of Montenegro (CBCG) held a workshop on instant payments for banking sector representatives as part of preparations for the introduction of the TIPS…

In the first three months of this year, the banking sector in Montenegro has shown significant growth, with a nearly 40% increase in approved loans and…

The Governor of the Central Bank of Montenegro (CBCG), Irena Radović, announced that Montenegro’s banking sector continues to grow and remains stable, providing a solid foundation…

The Central Bank of Montenegro (CBCG) organized a workshop titled “Alignment with SEPA Rules and the Application Process” for representatives of the Montenegrin banking sector as…

The average loan amount per capita stands at €3,292, which is €500 higher than in January of last year. Loans to legal entities have also increased…

All 11 commercial banks in Montenegro reported positive results at the end of last year, with a total profit of €161.4 million. The highest profit of…

As of the end of November, the liquidity assets of banks amounted to €1.49 billion, which is a decrease of 1.15% compared to October. Compared to…

Representatives of the Banking Association of Montenegro (UBCG) recently shared an overview of the economic and banking sectors in Montenegro at the European Banking Federation (EBF)…

At the end of July, banks in the region reported liquid assets totaling €1.48 billion, representing a 9.23% increase from June. However, this figure is 16.71%…