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2024-01-01

Decision Amending the Decision on Macroprudential Measures Related to Retail Loans Granted by Credit Institutions

The Council of the Central Bank of Montenegro issued a decision amending macroprudential measures for retail loans granted by credit institutions. The amendment modifies point 8 of the original decision by extending the relevant timeframe from one year to two years. This decision entered into force on the day following its publication in the Official Gazette of Montenegro.

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Pursuant to Article 44 paragraph 2 point 10 of the Central Bank of Montenegro Law (OGM 40/10, 46/10, 06/13 and 70/17), at its meeting held on 22 December 2022, the Council of the Central Bank of Montenegro passed the following DECISION AMENDING THE DECISION ON MACROPRUDENTIAL MEASURES RELATED TO RETAIL LOANS GRANTED BY CREDIT INSTITUTIONS

  1. In the Decision on Macroprudential Measures Related to Retail Loans Granted by Credit Institutions (OGM 138/21), in point 8, the words: “for one year” shall be replaced with the words “for two years”.
  2. This decision shall enter into force on the day following that of its publication in the Official Gazette of Montenegro.” THE COUNCIL OF THE CENTRAL BANK OF MONTENEGRO Dec. no. 0101-8842-3/2022 CHAIRMAN Podgorica, 22 December 2022 GOVERNOR, Radoje Žugić, m.p.
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