September 18 (SeeNews) - The credit portfolio of Montenegro’s commercial banks fell by an annual 6.48% to 2.61 billion euro ($3.83 billion) at the end of July, the country’s central bank, CBCG, said.
Deposits with Montenegrin banks totalled 1.733 billion euro at the end of July, down by 24% year-on-year.
At the end of June, Montenegrin banks’ loan portfolio totalled 2.63 billion euro, while deposits amounted to 1.76 billion euro.
End-month details follow (in millions of euro):
|
July'09 |
July'08 |
End-2008 |
CREDIT PORTFOLIO |
2,613 |
2,794 |
2,798 |
-to non-financial institutions |
1,568.7 |
1,703.5 |
1,693.3 |
-to households |
967 |
1,019 |
1,038 |
-to the government |
50.7 |
39.2 |
30.2 |
-to financial institutions |
13.6 |
23.5 |
24.1 |
DEPOSIT PORTFOLIO |
1,733 |
2,281 |
1,991 |
-of non-financial institutions |
563.2 |
779.4 |
701.8 |
-of households |
763.9 |
1,111 |
856.4 |
-of the government |
157.2 |
217.2 |
192.6 |
-of financial institutions |
212.4 |
132.4 |
193.6 |
Montenegrin banks' total assets |
3,101 |
3,433 |
3,310 |
Montenegro's biggest bank by assets is Crnogorska Komercijalna Banka (CKB), owned by Hungary's OTP Bank.
($= 0.681 euro)
Crnogorska Komercijalna Banka A.D. is among the biggest banks in SEE. You can download our SEE Top 100 ranking
here or subscribe to our free Top 100 newsletter
here