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Number of Banks in Montenegro

Source: IMF
Last Updated: June 19, 2023

Number of banks reached 11.0 banks in 2021 in Montenegro, according to the National Central Bank. This is 8.33% less than in the previous year.

Historically, number of banks in Montenegro reached an all time high of 15.0 banks in 2018 and an all time low of 10.0 banks in 2004.

Montenegro has been ranked 79th within the group of 92 countries we follow in terms of number of banks.

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