Key banking indicators, thanks to confidence in the banking system, reached its historical high, and deposits increased by more than one billion euros last year, said the head of the Central Bank (CBCG) Radoje Zugic.
At a meeting with the head of the International Monetary Fund (IMF) Western Balkans regional office, Stephanie Eble, he said that the percentage of newly approved loans last year increased by 31,5 percent compared to 2021.
The meeting discussed the general economic situation in Montenegro with a special focus on the banking sector, as well as the upcoming revision of the CBCG policy transparency code.
“Zugic briefed Ebla on the measures taken by the CBCG to further strengthen the financial stability of the country, such as taking adequate measures aimed at mitigating the impact of the adverse economic situation, encouraging banks to support the domestic economy, and strengthening supervisory capacity,” the statement reads. press release CBCG.
Able welcomed the activities and initiative of the Central Bank of Montenegro to conduct a transparency assessment of its policies, which the IMF will conduct in June.
The interlocutors agreed that the audit will help CBCG implement the highest international standards of transparency and strengthen dialogue with the external public, including the highest state and international institutions, the media and the non-governmental sector.
