Browsing: central bank

During a meeting between Central Bank Governor Irena Radović and European Central Bank (ECB) Executive Board member Pierre Cipollone, it was underscored that the modernization of…

The Central Bank of Montenegro (CBCG) has fully aligned its regulations in the field of payment transactions with the legal framework of the European Union (EU),…

The banking sector of Montenegro is stable, well-capitalized, and highly liquid, according to the Governor of the Central Bank (CBCG), Irena Radović, as she stated during…

The mandatory reserve of banks at the end of January, according to data from the Central Bank (CBCG), amounted to 290.4 million EUR. Of the total…

The value of realized payment transactions for 21 working days in January amounted to 1.39 billion EUR, which is 50 percent less than in December, according…

According to the latest available data from the Credit Registry of the Central Bank of Montenegro, as of December 31st, 2023, individuals were granted €593 million…

Average effective interest rates on loans last year ranged from 5.82% to 7.34% per month, while for citizens they ranged from 7.54% to 8.71%, and for…

It is estimated that the real growth of Montenegro’s economy in 2023 will amount to 6%, as assessed at the meeting of the Financial Stability Council.…

The trend of increasingly using cards instead of cash has long been popular worldwide, and according to data provided by the Central Bank (CBCG), it is…

The direct payment turnover between Montenegro and Serbia, since its establishment in December last year, amounted to around 5 million EUR, according to data from the…