September 10 (SeeNews) - The outstanding loans of Montenegro's banking sector increased to 3.003 billion euro ($3.316 billion) at the end of July, up 2% year-on-year, central bank data shows.
Loans to households rose by 8.5% year-on-year to 1.3 billion euro as at end-July, while loans to privately-owned companies grew by 2.7% to 1.024 billion euro, according to figures posted on the website of Montenegro's central bank, CBCG.
The total value of impairment of loans decreased to 117.4 million euro at the end of July, from 152.4 million euro a year earlier.
Deposits with Montenegrin banks edged up 0.1% year-on-year to 3.419 billion euro at end-July. The deposits of households fell by 2% to 1.254 billion euro.
The outstanding loans of Montenegro's banking sector totaled 2.93 billion euro at the end of 2018, up 8.5%.
($ = 0.905606 euro)