Podgorica, (MINA-BUSINESS) – According to the statistics of the Central Bank of Montenegro (CBCG), average liquid assets of banks saw a monthly decrease of 3.2 percent in October, to €1 billion.
Compared with October of 2017, the average liquid assets declined by 6.4 percent.
The liquidity index of the banking system was above the required minimum in October.
At the end of October, the combined balance of all banks amounted to €4.41 billion, and it was 0.1 percent lower than the month before, and 6.6 percent higher than in October of 2017.
In the overall structure of banks’ assets, the highest share was that of loans with 67.6 percent, cash and deposits with central banks with 18.4 percent, while other categories of assets accounted for the remaining 14 percent.
In the overall structure of liabilities, deposits had the highest share with 78.4 percent, followed by capital and loans with 11.9 percent and 6.6 percent respectively. Other categories of liabilities accounted for the remaining 3.1 percent.
At the end of October, the total capital of banks amounted to €522.6 million, down 0.9 percent on the month before, and 0.1 percent more than in the corresponding period of 2017.
Longer version of article is available on a link MINA ENGLISH SERVIS
