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Number of Banks in Montenegro

Source:
Last Updated: Jun 1, 2021

Number of banks reached 13.0 banks in 2019 in Montenegro, according to the National Central Bank. This is 13.3 % less than in the previous year.

Historically, number of banks in Montenegro reached an all time high of 15.0 banks in 2016 and an all time low of banks in. When compared to Montenegro's main peers, number of banks in Albania amounted to 12.0 banks, 24.0 banks in Bosnia and Herzegovina, 21.0 banks in Croatia and 26.0 banks in Serbia in 2019.

Montenegro has been ranked 108th within the group of 140 countries we follow in terms of number of banks, 23 places above the position seen 10 years ago.

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