Corporate loans reached 1.25 USD bil in 2017 in Montenegro, according to the National Central Bank. This is 16.3 % more than in the previous year.
Historically, corporate loans in Montenegro reached an all time high of 2.36 USD bil in 2008 and an all time low of 0.640 USD bil in 2006. When compared to Montenegro's main peers, corporate loans in Albania amounted to 3.30 USD bil, 5.19 USD bil in Bosnia and Herzegovina, 13.0 USD bil in Croatia and 10.3 USD bil in Serbia in 2017.
Montenegro has been ranked 65th within the group of 75 countries we follow in terms of corporate loans, 14 places behind the position seen 10 years ago.
Corporate loans are loans made to businesses for a specific business purpose.