August 3 (SeeNews) - The outstanding loans of Montenegro's banking sector increased to 2.937 billion euro ($3.4 billion) at the end of June, up 13% year-on-year, central bank data shows.
Loans to households rose by 10.5% year-on-year to 1.189 billion euro as at end-June, while loans to privately owned companies grew by 7.2% to 1.019 billion euro, according to figures posted on the website of Montenegro's central bank, CBCG.
The total value of impairment of loans increased to 139.2 million euro at the end of June, from 138.6 million euro a year earlier.
Deposits with Montenegrin banks increased 15.2% year-on-year to 3.356 billion euro at end-June. The deposits of households grew by 10.1% to 1.259 billion euro.
The outstanding loans of Montenegro's banking sector totalled 2.701 billion euro at the end of 2017, up 11.8% year-on-year.
($ = 0.863783 euro)