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NaslovnicaEnglish NewsBusiness NewsAverage liquid assets increase

Average liquid assets increase

Podgorica, (MINA-BUSINESS) – According to the statistics of the Central Bank of Montenegro (CBCG), average liquid assets of banks saw a monthly increase of 14.5 percent in August, to €1.14 billion.

Compared with August of 2017, the average liquid assets increased by 9.2 percent.

The liquidity index of the banking system was above the required minimum in August.

At the end of August, the combined balance of all banks amounted to €4.49 billion, and it was 3.2 percent higher than the month before, and 10.4 percent higher than in August of 2017.

In the overall structure of banks’ assets, the highest share was that of loans with 68 percent, cash and deposits with central banks with 18.4 percent, while other categories of assets accounted for the remaining 13.6 percent.

In the overall structure of liabilities, deposits had the highest share with 78.6 percent, followed by capital and loans with 11.5 percent and 6.6 percent respectively. Other categories of liabilities accounted for the remaining 3.3 percent.

At the end of August, the total capital of banks amounted to €518.1 million, up 1.5 percent on the month before, and 0.2 percent more than in the corresponding period of 2017.

Longer version of article is available on a link MINA ENGLISH SERVIS

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