Browsing: CBCG

At a recent meeting of the Chamber of Economy of Montenegro’s Committee on Banking, Financial Organizations and Insurance, it was affirmed that Montenegro’s banking system remains…

Montenegro’s Central Bank has formally submitted the state’s application to join the Single Euro Payments Area (SEPA), marking a significant step towards deeper integration of Montenegro’s…

In May, the total value of executed payment transactions over 19 working days amounted to 1.75 billion EUR, showing a decrease of 27% compared to April,…

According to data from the Central Bank of Montenegro (CBCG), the average weighted effective interest rate on all approved loans, encompassing all related costs, decreased by…

Credit conditions tightened for businesses in Q1 compared to the previous quarter, according to banks’ assessments, while they eased slightly for households, as indicated by a…

At the end of March, total foreign direct investment (FDI) inflows amounted to EUR 208.81 million, while outflows from the country totaled EUR 91.26 million, according…

Montenegrin citizens borrowed EUR 37.5 million through promotional interest loans in the latter part of March and throughout April, according to the Central Bank (CBCG). The…

Montenegro remains strongly committed to implementing legislative solutions, as well as reforms, policies, and projects aimed at accelerating its convergence towards the average income and standard…

The average effective interest rate on loans approved in April was 6.89%, down from 7.50% in February. For individuals, the average interest rate decreased from 8.71%…

The Central Bank Council (CBCG) has issued a Decision outlining guidelines for risk analysis and the establishment of anti-money laundering and counter-terrorism financing risk management systems…