Browsing: CBCG

Montenegro is poised to become the first country in the Western Balkans to join the Single Euro Payments Area (SEPA) on January 1, 2025. This announcement…

The Governor of the Central Bank of Montenegro, Dr. Irena Radović, participated in a high-level conference titled “Central Banks and Central Banking in an Exceptionally Complex…

As reported by the Central Bank of Montenegro (CBCG), the mandatory reserves of banks reached €294.58 million at the end of August. Out of this total,…

Preliminary findings from the International Monetary Fund (IMF) mission regarding the assessment of the Central Bank Transparency Code indicate a strong commitment and significant progress by…

As of 2024, citizens of Montenegro have accumulated a debt totaling €2.2 billion, according to the Central Bank. A significant portion of this debt—43%—is attributed to…

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 the Central…

As of the end of July, the Central Bank of Montenegro (CBCG) reported that banks’ mandatory reserves totaled €287.3 million. Of this amount, 70.99% was held…

As of the end of August, data from the Central Bank of Montenegro (CBCG) reveals that 20,710 companies and entrepreneurs are under financial blockade, marking a…

Irena Radović, the Governor of the Central Bank of Montenegro (CBCG), along with her team, hosted an introductory meeting today with the International Monetary Fund (IMF)…

In June, the average weighted effective interest rate on total approved loans in Montenegro held steady at 6.61%, according to the Central Bank of Montenegro (CBCG).…