Deposits with Montenegrin banks totalled 1.733 billion euro at the end of July, down by 24% year-on-year.
At the end of June, Montenegrin banks’ loan portfolio totalled 2.63 billion euro, while deposits amounted to 1.76 billion euro.
End-month details follow (in millions of euro):
July'09 | July'08 | End-2008 | |
CREDIT PORTFOLIO | 2,613 | 2,794 | 2,798 |
-to non-financial institutions | 1,568.7 | 1,703.5 | 1,693.3 |
-to households | 967 | 1,019 | 1,038 |
-to the government | 50.7 | 39.2 | 30.2 |
-to financial institutions | 13.6 | 23.5 | 24.1 |
DEPOSIT PORTFOLIO | 1,733 | 2,281 | 1,991 |
-of non-financial institutions | 563.2 | 779.4 | 701.8 |
-of households | 763.9 | 1,111 | 856.4 |
-of the government | 157.2 | 217.2 | 192.6 |
-of financial institutions | 212.4 | 132.4 | 193.6 |
Montenegrin banks' total assets | 3,101 | 3,433 | 3,310 |
Montenegro's biggest bank by assets is Crnogorska Komercijalna Banka (CKB), owned by Hungary's OTP Bank.
($= 0.681 euro)