Tag: finances

Montenegro Stock Exchange sees minor index growth amid declining trade volume

This week on the Montenegro Stock Exchange was marked by a slight increase in indices alongside a significant drop in trading volume, occurring concurrently...

Montenegro secures €80 million Development Policy Loan from World Bank to boost economic growth and stability

After Montenegro fulfilled demanding reforms jointly agreed upon with the World Bank, the country signed a Development Policy Loan (DPL) agreement amounting to €80...

Montenegro’s interest rates see minor increases in August, Central Bank reports

In August, the average weighted effective interest rate on all approved loans rose by 0.01 percentage points to 6.61%, according to data from the...

Transparency in bank ownership essential for Montenegro, says NGO

Ownership in banks in Montenegro must be fully transparent, with credit institutions legally required to disclose the ultimate beneficial owners—individuals who profit from that...
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Montenegro: Central Bank Governor highlights bank stability and payment system modernization

Montenegro's banks have demonstrated resilience and stability throughout the current year, according to Irena Radović, Governor of the Central Bank of Montenegro (CBCG). She...

Montenegro’s mandatory bank reserves reach €303.8 million by September end

As of the end of September, Montenegro's mandatory bank reserves totaled €303.8 million, according to data from the Central Bank (CBCG). Of this total, 72.57%...
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