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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 on 24 December 2024 to amend existing macroprudential measures for retail loans. The amendment specifically extends a relevant time period from three years to four years within the original Decision on Macroprudential Measures. This decision enters 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, 70/17, 124/23), at its meeting held on 24 December 2024, 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, 144/22 and 120/23), in point 8, the words: “for three years” shall be replaced with the words “for four 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. 0101-10043-2/2024 CHAIPERSON Podgorica, 24 December 2024 GOVERNOR, Irena Radović, m.p.
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