August 23 (SeeNews) - The outstanding loans of Montenegro's banking sector increased to 2.633 billion euro ($3.105 billion) at the end of July, up 7.4% year-on-year, central bank data showed.
Loans to households rose by 10.5% to 1.083 billion euro, and loans to privately owned companies grew by 1% to 926.6 million euro, according to a report posted on the website of Montenegro's central bank, CBCG.
The total value of impairment of loans in Montenegro amounted to 127.7 million euro at the end of July, versus 143.4 million euro a year earlier.
The deposits at Montenegrin banks went up 10.3% to 3.025 billion euro. The deposits of households rose by 9.2% to 1.594 billion euro and of foreign companies went up by 14.1% to 139.9 million euro.
The outstanding loans of Montenegro's banking sector at the end of 2016 amounted to 2.416 billion euro, up 1.28% year-on-year.
($ = 0.84805 euro)