Banks in Montenegro approved almost €72m in loans in August, at an average nominal interest rate (NIR) of 5.17% and 5.89% for the effective interest rate (EIR) on an annual basis of the total loan amount, according to the Central Bank of Montenegro, Dnevne Novine reports.
In the past month alone, companies borrowed €41.02m, citizens €30.09m, and including state-owned companies, foreign companies, NGOs and non-profit organizations, total borrowings amounted to €71.96m.
