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Dec 22, 2017 13:30 EEST
December 22 (SeeNews) - The outstanding loans of Montenegro's banking sector have increased to 2.716 billion euro ($3.22 billion) at the end of November, up 11.1% year-on-year, central bank data shows.
Loans to households rose by 11% to 1.124 billion euro, while loans to privately owned companies grew by 2.9% to 924.4 million euro, according to figures posted on the website of Montenegro's central bank, CBCG.
The total value of impairment of loans decreased to 118.4 million euro at the end of November, from 137.4 million euro a year earlier.
Deposits with Montenegrin banks increased 11.8% year-on-year to 3.189 billion euro at end-November. The deposits of households grew by 9.4% to 1.646 billion euro, while the deposits of foreign companies increased by 38% to 178.4 million euro.
The outstanding loans of Montenegro's banking sector totalled 2.416 billion euro at the end of 2016, up 1.28% year-on-year.
($ = 0.843551 euro)
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