According to the Central Bank (CBCG), at the end of 2021, Montenegrin citizens had a total of 1,4 billion euros in local banks, and their savings increased by 15 percent or 188 million over the year.
In December alone, citizens increased their contributions by five percent.
“In the structure of deposits of individuals by maturity, at the end of December, demand deposits accounted for 67,92 percent, term deposits - 32,04 percent, while a small part - 0,04 percent - accounted for funds in escrow accounts, - according to the January CBCG Bulletin.
Total bank deposits reached a record €4,2 billion on the last day of December, up 24,6% from the end of 2020. Of these, the savings of the domestic population accounted for 35,4%.
Non-residents held 1,17 billion euros in banks, 1,19 billion euros in the economy and 276 million euros in the government.
At the end of December, banks had approved loans totaling 3,36 billion euros, up 6,4 percent from the same month in 2020.
“For loans at the end of December last year, banks demanded the most from the economy and the population, only 77 percent,” the CBCG said.
