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Montenegrin banks' NPL ratio at 6.2% at end-May - c-bank

Author Radomir Ralev
Montenegrin banks' NPL ratio at 6.2% at end-May - c-bank Source: Central Bank of Montenegro

PODGORICA (Montenegro), August 9 (SeeNews) - The ratio of non-performing loans (NPLs) to total loans in Montenegro's banking system was 6.2% at the end of May, the central bank said.

The total value of non-performing loans in Montenegro's banking system amounted to 220.5 million euro ($225.1 million) at the end of May, up 19.9% on the year and 0.1% on the month, the central bank said in a monthly activity report.

In May, past-due loans amounted to 213.5 million euro, up 19.3% on the year, the central bank said.

At end-May 2022, total loans amounted to 3.561 billion euro, up 7.2% year-on-year, while deposits grew 22.2% to 4.392 billion euro.

Montenegro's NPL ratio stood at 6.2% at the end of 2021.

($ = 0.97968 euro)

 
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