May 23 (SeeNews) - The outstanding loans of Montenegro's banking sector increased to 2.829 billion euro ($3.311 billion) at the end of April, up 10.1% year-on-year, central bank data shows.
Loans to households also rose by 10.3% year-on-year to 1.166 billion euro as at end-April, while loans to privately owned companies grew by 4.5% to 999.3 million euro, according to figures posted on the website of Montenegro's central bank, CBCG.
The total value of impairment of loans decreased to 136.9 million euro at the end of April, from 138.6 million euro a year earlier.
Deposits with Montenegrin banks increased 14.9% year-on-year to 3.293 billion euro at end-April. The deposits of households grew by 12% to 1.74 billion euro, while the deposits of foreign companies increased by 15.2% to 169.1 million euro.
The outstanding loans of Montenegro's banking sector totalled 2.701 billion euro at the end of 2017, up 11.8% year-on-year.
($ = 0.827912 euro)