Deposits with Montenegrin banks totalled 1.9 billion euro at the end of September, down by 18.3% year-on-year.
At the end of August, Montenegrin banks’ loan portfolio totalled 2.57 billion euro, while deposits amounted to 1.73 billion euro.
End-month details follow (in millions of euro):
Sept'09 | Sept'08 | End-2008 | |
CREDIT PORTFOLIO | 2,571 | 2,852 | 2,798 |
-to non-financial institutions | 1,541.7 | 1,727.5 | 1.693.3 |
-to households | 950 | 1,049.4 | 1,038 |
-of the government | 53.5 | 39.2 | 30.2 |
-to financial institutions | 11.6 | 26.3 | 24.1 |
DEPOSIT PORTFOLIO | 1,900 | 2,326 | 1,991 |
-of non-financial institutions | 735.9 | 758.5 | 701.8 |
-of households | 769.9 | 1,114 | 856.4 |
-of the government | 172.1 | 220.5 | 192.6 |
-of financial institutions | 187.3 | 179.1 | 193.6 |
TOTAL ASSETS | 3,224 | 3,510 | 3,310 |
Montenegro's biggest bank by assets is Crnogorska Komercijalna Banka (CKB), owned by Hungary's OTP Bank.
($= 0.6645 euro)