Browsing: finances

In August, the average weighted effective interest rate on all approved loans rose by 0.01 percentage points to 6.61%, according to data from the Central Bank…

Ownership in banks in Montenegro must be fully transparent, with credit institutions legally required to disclose the ultimate beneficial owners—individuals who profit from that ownership—according to…

Montenegro’s banks have demonstrated resilience and stability throughout the current year, according to Irena Radović, Governor of the Central Bank of Montenegro (CBCG). She highlighted the…

As of the end of September, Montenegro’s mandatory bank reserves totaled €303.8 million, according to data from the Central Bank (CBCG). Of this total, 72.57% is…

The upcoming entry of Montenegro into the SEPA (Single Euro Payments Area) system at the beginning of next year marks an important milestone for the modernization…

A delegation from the Central Bank of Montenegro, headed by Governor Irena Radović, engaged in discussions with Fabio Panetta, the Governor of the Bank of Italy,…

The total estimated tax debt in Montenegro at the beginning of last month amounted to 637 million EUR, confirmed Sava Laketić, the acting director of the…

The International Monetary Fund (IMF) has maintained its forecast for Montenegro’s economic growth at 3.7% for this year. In its October forecasts, which were reviewed by…

Montenegro has recently obtained substantial financial resources for important railway projects, in addition to the support received for its highway project, as announced by Transport Minister…

The European Commission (EC) has approved Montenegro’s Reform Agenda, officially securing €383.5 million in support for the country, as announced by Prime Minister Milojko Spajić. In…