Browsing: loans

In July, the average weighted effective interest rate on total approved loans decreased by 0.01 percentage points, standing at 6.6%, according to data from the Central…

The Ministry of Education, Science and Innovation (MPNI) has announced a proposal to amend the Law on Higher Education, aiming to boost student scholarships and loans.…

In April, the average weighted effective interest rate on all approved loans, which encompasses all associated costs, saw a slight increase of 0.01 percentage points compared…

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%…

Montenegro witnessed a historic surge in loan uptake by citizens in March, as they borrowed a remarkable €76.7 million from local banks, marking the highest monthly…

The European Bank for Reconstruction and Development (EBRD) is currently considering granting a loan of up to €30 million to Montenegro’s rail passenger operator, Željeznički prevoz…

Montenegro’s banking sector has recently undergone significant changes, with most banks slashing their interest rates on various types of loans. Data from four major Montenegrin banks…

In the near future, citizens can anticipate more favorable borrowing conditions, as all banks are poised to offer housing and consumer loans at reduced interest rates,…

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…

Total deposits of citizens and businesses at the end of October amounted to EUR 5.536 billion. In a one-year period, they recorded an increase of EUR…