Central Bank of Montenegro / Photo: YouTube PrintScreen

At the end of October, the liquid assets held by banks in Montenegro reached 1.5 billion euros, reflecting a decrease of 1.88 percent from September.

In comparison to October of the previous year, the liquid assets have decreased by 13.11 percent.

The liquidity ratios for the banking sector, measured both daily and over ten days, remained above the established minimum standards, as reported.

The total balance sheet of banks at the end of October stood at seven billion euros, indicating a growth of 0.32 percent from late September. On an annual basis, there was a rise of 3.15 percent.

In terms of asset composition, at the end of October, net loans accounted for a significant portion at 64.89 percent, followed by securities at 18.55 percent and cash deposits with central banks at 13.48 percent. The remaining 3.08 percent pertained to other asset categories.

Regarding liabilities, deposits represented the largest share at 81.18 percent, with capital at 12.89 percent and loans making up 2.76 percent. The other liabilities constituted 3.17 percent of the total.

The total capital of banks at the end of October was 902.31 million euros, reflecting a monthly increase of 1.65 percent and an annual rise of 12.69 percent.