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Over 20,000 businesses in Montenegro in debt with 1.4 billion EUR in blocked accounts

According to data from the Central Bank of Montenegro (CBCG), by the end of March, 20,960 businesses and entrepreneurs in Montenegro had their accounts...

Development Bank of Montenegro faces delays in payment services, but lending activity grows

The Development Bank of Montenegro, officially operational since the beginning of the year, is still unable to perform payment transactions—one of its key functions...

Interest rates on loans and deposits in Montenegro: January trends and changes

The average weighted effective interest rate on total approved loans, which includes all associated costs, decreased by 0.03 percentage points in January, amounting to...

Montenegro advances toward SEPA integration and modernized payment infrastructure

The Central Bank of Montenegro (CBCG) submitted its application on April 14 to the European Payments Council (EPC) for joining SEPA (Single Euro Payments...
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Central Bank Governor to meet with commercial banks on payment system modernization

Dr. Irena Radović, Governor of the Central Bank of Montenegro, along with her team, will hold a meeting with the management teams of commercial...

Central Bank of Montenegro reports €12.2 million profit in 2024, allocates part to state budget

The Central Bank of Montenegro (CBCG) reported a net profit of €12.2 million for 2024, according to its Financial Statements adopted at session of...
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