Tag: commercial banks

Montenegro’s banks report strong profits in Q1 2025, led by Crnogorska Komercijalna Banka

At the end of the first quarter of 2025, all 11 commercial banks in Montenegro reported positive results, with a total profit of €34.17...

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...

Montenegro’s banking sector sees strong profits in 2024

All 11 commercial banks in Montenegro reported positive results at the end of last year, with a total profit of €161.4 million. The highest profit...

Central Bank of Montenegro hosts roundtable on Integrating ESG principles in banking strategies

The Central Bank of Montenegro (CBCG) organized a roundtable on the topic of Integrating ESG Principles into the Strategies and Policies of Credit Institutions. According...
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Montenegro’s Credit Guarantee Fund Law nears finalization, aims to support SMEs

The Minister of Economic Development, Nik Đeljošaj, announced late last year that the draft law on the Credit Guarantee Fund (KGF) is in its...

Montenegrin banks prepare for open banking implementation by mid-2024

By mid-2024, commercial banks in Montenegro will complete their alignment with new regulations, facilitating the implementation of open banking for institutions that offer online...
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