English

Banks have granted almost €3 billion of loans

CBCG

In the four months of this year, banks have granted loans in the amount of €2,95 billion total. It represents a 2,7% decline at monthly level, indicate the data of the Central Bank of Montenegro.

The amount of the granted loans is by 4,3% higher in comparison to the first four months of last year.

As far as the deposits are concerned, they declined by 3,2% in April in comparison to March and amounted €3,32 billion. At an annual level, deposits have increased by 1%.

“There has been a decline in deposits at monthly level, since Atlas bank has been excluded from the records”, explained the representatives of the Central Bank.

If deposits of Atlas Bank are left out from the total deposits in April, the savings increase at banking system level amounts 7,6% annually.

“Time deposits made up  the 32,3% of total, whereas demand deposits made up 67,6%”, reads the Report.

Send this to a friend