Retail loans reached 1.12 EUR bil in 2017 in Montenegro, according to the National Central Bank. This is 10.3 % more than in the previous year.
Historically, retail loans in Montenegro reached an all time high of 1.12 EUR bil in 2017 and an all time low of 0.074 EUR bil in 2004. When compared to Montenegro's main peers, retail loans in Albania amounted to 169 ALL bil, 115 HRK bil in Croatia and 904 RSD bil in Serbia in 2017.
Montenegro has been ranked 39th within the group of 40 countries we follow in terms of retail loans, 31 places above the position seen 10 years ago.
A retail loan is a loan provided by a bank to a physical person.