Browsing: CBCG

The Central Bank of Montenegro (CBCG) expects NLB Bank to persist in its effective support for initiatives aimed at reducing interest rates. CBCG Governor Irena Radović,…

At a recent meeting of the Financial Stability Council, an intersectoral working group was established to develop a roadmap for advancing sustainable finance within the financial…

According to preliminary data from the Central Bank (CBCG), the total inflow of Foreign Direct Investments (FDI) reached €364.81 million by the end of May. During…

The value of executed payment transactions for 20 working days in June amounted to €1.95 billion, marking an 11.4% increase compared to May, according to data…

According to Prof. Dr. Vasilije Kostić, President of the Montenegrin Employers’ Association (CUP) and economic analyst, the primary driver for investors is the security of their…

At the end of June, the Central Bank of Montenegro (CBCG) reported that banks’ mandatory reserve totaled EUR 287.64 million. Of this amount, 71.03% of the…

Executive Director of the International Monetary Fund (IMF), Paul Hilbers, has announced his satisfaction with the state of Montenegro’s economy, emphasizing the positive direction of Montenegro’s…

In the upcoming months, Montenegro’s government priority will be joining the Single Euro Payments Area (SEPA), announced Prime Minister Milojko Spajić, highlighting that the Central Bank…

The Credit Registry services of the Central Bank of Montenegro (CBCG) for banks and other financial institutions will now be available 24 hours a day, 7…

In April, the average weighted effective interest rate on all approved loans, which encompasses all associated costs, saw a slight increase of 0.01 percentage points compared…