Regulatory Alerts2025-01-01
Decision amending the Decision on the Calculation and Reporting of the Effective Interest Rate on Loans and Deposits
The Council of the Central Bank of Montenegro issued this decision to amend the regulatory framework for calculating and reporting effective interest rates on loans and deposits. The amendment specifically requires the deletion of the percentage sign (%) following the wording "Loan processing fee" in the template provided in Annex 2 of the original decision. This measure entered into force on the day of its publication in the Official Gazette of Montenegro.
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