Montenegrin banks experienced a significant decline in profitability during the first half of the year, with their combined net profit falling by 20% compared to the same period last year, according to a report by SeeNews. The decrease reflects mounting challenges in the banking sector amid shifting economic conditions and evolving regulatory pressures. This downturn marks a notable shift for an industry that has previously demonstrated resilience and steady growth.
Montenegrin Banks Face Profit Decline Amid Challenging Economic Conditions
Montenegro’s banking sector has recorded a notable decrease in profitability during the first half of the year, with combined net earnings dropping by 20% year-on-year. This decline reflects mounting pressures from an uncertain economic landscape, exacerbated by rising inflation, tightened monetary policies, and slower loan growth. Despite stable asset quality indicators, banks are struggling to maintain previous profit margins amid increased…
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Author : Victoria Jones
Publish date : 2025-08-06 18:48:00
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