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Governor of the Central Bank of Montenegro announces extension of interest rate reduction for citizens

The Governor of the Central Bank of Montenegro (CBCG), Irena Radović, stated that she expects the initiative to lower interest rates for citizens to...

Erste Bank reduces interest rates on personal, refinancing and home loans, expands loan limits

Erste Bank has further reduced interest rates on new personal loans and refinancing loans, as well as on home loans, for applications submitted until...

Inflation and global uncertainty: Interest rates set to stay high, economists warn

Due to inflation, the risk of price increases and global uncertainty, interest rates are not expected to drop over the next decade. This conclusion...

Interest rates on loans and deposits in Montenegro see modest changes in September

In September, the average weighted effective interest rate on total approved loans, which includes all related costs, decreased by 0.02 percentage points on a...
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Montenegro sees growth in loan approvals and lower interest rates by September

As of the end of September, the total value of approved loans in Montenegro amounted to 4.6 billion euros, according to data from the...

High interest rates and underutilization of capacity hinder new investments in Montenegro

A recent survey by the Central Bank of Montenegro (CBCG) reveals significant obstacles to new investments, primarily driven by underutilization of existing capacities, high...
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