Montenegro is advancing reforms to strengthen supervision of financial groups spanning banking, insurance and investment services, as it works toward completing EU alignment under Chapter 9…
Browsing: banking
The Central Bank of Montenegro (CBCG) has completed an assessment of its readiness to join the European System of Central Banks (ESCB) and is moving toward…
Montenegro’s government has approved draft amendments to the Law on Financial Conglomerates, seeking to align supervision of cross-sector financial groups with EU Directive 2002/87/EC. The amendments…
The European Bank for Reconstruction and Development has agreed a €24 million financing package with Montenegro’s Hipotekarna Banka to expand residential mortgage lending and support energy-efficient…
Montenegro’s government has approved amendments to the Law on Financial Conglomerates, advancing regulatory changes aimed at bringing financial-sector supervision closer to European Union requirements. The proposed…
Montenegro’s 12 microcredit financial institutions increased their combined client-loan portfolio to approximately €143.5 million in the first half of 2026, up 8.4% in six months, while…
Montenegro’s financial system had approximately €7.9 billion in bank assets at the end of 2025, with banks accounting for more than 92% of total financial-system assets.…
Instant payments of up to €200 through mobile or internet banking in Montenegro are now subject to a maximum fee of five cents, compared with an…
Banks accounted for approximately 92.3% of Montenegro’s total financial-system assets at the end of 2025, leaving non-bank financial services with a comparatively small share of the…
Montenegro introduced instant domestic payments on 20 July 2026, enabling funds to move between accounts within seconds, 24 hours a day. The system supports instant transactions…
