Average liquid assets decline in January

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foto: MINA

Podgorica, (MINA-BUSINESS) – According to the statistics of the Central Bank of Montenegro (CBCG), average liquid assets of Montenegrin banks saw a monthly decrease of four percent in January to €955,100 million.

Compared with January of 2018, the average liquid assets declined by five percent.

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

At the end of January, the combined balance of all banks amounted to €4.38 billion, and it 0.6 percent lower than the month before, and 6.4 percent higher than in January of 2018.

In the overall structure of banks’ assets, the highest share was that of loans with 67.1 percent, cash and deposits with central banks with 18.8 percent, while other categories of assets accounted for the remaining 14.1 percent.

 

In the overall structure of liabilities, deposits had the highest share with 78 percent, followed by capital and loans with 12 percent and 6.8 percent respectively. Other categories of liabilities accounted for the remaining 3.2 percent.

At the end of January, the total capital of banks amounted to €524.8 million, up 1.8 percent on the month before, and seven percent more than in the corresponding period of 2018.Longer version of article is available on a link MINA ENGLISH SERVIS