Montenegro’s banking sector expanded its balance sheet in the first half of 2026, with total assets reaching €8.05 billion and bank capital rising to €1.09 billion,…
Browsing: financial sector
Montenegro’s banking sector entered the latest period of higher euro-area interest rates with non-performing loans at their lowest level in more than a decade and capital…
Vienna Insurance Group (VIG) has entered Montenegro’s non-life insurance market with the launch of Wiener Städtische Osiguranje Podgorica a.d. – Vienna Insurance Group. The new insurer…
Montenegro’s 12 microcredit financial institutions increased their combined client-loan portfolio to approximately €143.5 million in the first half of 2026, up 8.4% in six months, while…
Montenegro’s insurance industry remains a relatively small component of the financial system, but gross written premiums continued to increase in early 2026 as the value of…
Montenegro’s financial system had approximately €7.9 billion in bank assets at the end of 2025, with banks accounting for more than 92% of total financial-system assets.…
Banks accounted for approximately 92.3% of Montenegro’s total financial-system assets at the end of 2025, leaving non-bank financial services with a comparatively small share of the…
Deposits held by non-residents in Montenegrin banks totalled approximately €1.131 billion at the end of April, declining by €118 million or 9.45% year on year. The…
Montenegro’s banking sector recorded continued loan expansion in 2026, with total lending increasing at a significantly faster pace than deposits, while bank profitability declined compared with…
In 2025, Montenegro’s financial sector demonstrated robust performance, reflecting significant advancements in banking stability and alignment with European financial standards. This progress underscores the country’s ongoing…
