Browsing: finance

Six Montenegrin banks—NLB, Erste, CKB, Prva banka, Hipotekarna banka, and Universal Capital Bank—will partner with the Ministry of Finance on the country’s first retail bond issuance.…

In Montenegro, 81 individuals hold deposits of one million euros or more in local banks, according to official data from the Central Bank of Montenegro (CBCG).…

Under the Law on Credit Institutions, Montenegrin banks are required to verify clients’ identities in line with anti-money laundering and counter-terrorism regulations. This means that from…

The city of Cetinje has announced a tender for upgrading its water supply system, funded by the European Investment Bank (EIB). The project includes installing approximately…

Over the past decade, despite repeated government promises to reduce public sector employment, the number of public administration employees in Montenegro has steadily increased. Between 2019…

According to Montenegro’s Ministry of Internal Affairs, more than 100,000 foreigners currently hold legal residence in the country. This includes 27,457 with temporary residence permits, 43,716…

Although the summer season started poorly, the Association of Small Shops in Montenegro reported satisfactory results due to strong sales in August and September. Secretary Željko…

The Central Bank of Montenegro hosted a regional conference on “Preventing Money Laundering and Terrorist Financing (AML/CFT) and Fraud Prevention in Instant Payments”, bringing together senior…

The average weighted effective interest rate on total approved loans, which includes all costs, fell by 0.02 percentage points in July to 6.29%, according to data…

Experts from Montenegro, Serbia, and Croatia emphasized that cryptocurrencies and blockchain hold significant innovation potential but require coordinated regulation and ongoing education to ensure the regional…