Banks’ liquid assets amount to 1.69 billion in June
Podgorica, (MINA-BUSINESS) – According to the statistics released by the Central Bank of Montenegro (CBCG), the average liquid assets of Montenegrin banks saw a monthly increase of 0.65 percent in June to €1.69 billion.
Compared with the last year’s corresponding period, the average liquid assets increased by 13.52 percent in June.
The liquidity index of the banking system was above the required minimum in this period.
At the end of June, the combined balance of all banks amounted to €6.5 billion, and was 1.16 percent higher than a month before, and 16.16 percent higher than in the same period last year.
In the overall structure of banks’ assets, the highest share was that of loans with 61.25 percent, cash and deposits with central banks with 20.2 percent, and securities with 17.68 percent, while other categories of assets accounted for 0.87 percent.
In the overall structure of liabilities, deposits had the highest share of 81.03 percent, followed by capital and loans with 11.62 percent and 4.26 percent respectively. Other categories of liabilities accounted for the remaining 3.09 percent.
At the end of June, the total capital of banks amounted to €755.68 million, 1.5 percent more than in May and 28.33 percent more than in the last year’s corresponding period.