Regulatory Alerts2024-01-01
Decision on Macroprudential Measures Related to Retail Loans Granted by Credit Institutions
The Council of the Central Bank of Montenegro issued this decision to maintain financial system stability by imposing macroprudential measures on retail cash loans granted to natural persons. Credit institutions are restricted from extending repayment periods beyond eight years or maintaining high concentrations of long-term unsecured loans unless the exposures are fully secured by specific collateral types or meet strict non-performing loan thresholds. These measures entered into force on January 1, 2022, and remain effective for one year, requiring monthly reporting of non-performing loan data to the regulator.
Share