October 26 (SeeNews) - The outstanding loans of Montenegro's banking sector increased to 2.7 billion euro ($3.2 billion) at the end of September, up 7.7% year-on-year, central bank data showed.
Loans to households rose by 10.4% to 1.103 billion euro, while loans to privately owned companies grew by 1.6% to 892.5 million euro, according to figures posted on the website of Montenegro's central bank, CBCG.
The total value of impairment of loans decreased to 118.6 million euro at the end of September, from 132.2 million euro a year earlier.
Deposits with Montenegrin banks increased 9.9% year-on-year to 3.137 billion euro at end-September. The deposits of households grew by 8.6% to 1.614 billion euro and of deposits of foreign companies increased by 15.4% to 143.4 million euro.
The outstanding loans of Montenegro's banking sector totalled 2.416 billion euro at the end of 2016, up 1.28% year-on-year.
($ = 0.846337 euro)