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Montenegrin banks hold €308.65 million in required reserves by end of March

At the end of March, banks in Montenegro held a total of €308.65 million in required reserves, according to the Central Bank of Montenegro...

Bank liquid assets and capital show mixed trends in January 2025

At the end of January, the liquid assets of banks amounted to EUR 1.46 billion, which is 12.76% lower than in December. Compared to the...

Free basic banking services in Montenegro underutilized

Many citizens struggling to make ends meet are unaware that they are entitled to free banking services. These include opening, maintaining, and closing accounts,...

MK Group’s Agri Europe Cyprus to complete acquisition of Hipotekarna Banka in April

Aleksandar Kostić, President of MK Group and Chairman of the Board of AIK Bank, announced at the Kopaonik Business Forum that his company, Agri...
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Foreign investors in Montenegro face challenges with bank account opening process

Foreign investors looking to start businesses in Montenegro are facing unexpected administrative hurdles, with one of the main difficulties being the opening of business...

Adriatic Bank introduces Google Pay for faster, safer contactless payments

Adriatic Bank now offers its clients the ability to use Google Pay, making contactless payments faster, more secure and more convenient. Customers with Mastercard...
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