Household savings in Montenegro continued to grow in 2026, reflecting strong public confidence in the banking sector. According to the Central Bank of Montenegro’s (CBCG) May 2026 Bulletin, deposits held by citizens reached €2.49 billion at the end of April, representing a 13.08% increase compared to the same period last year and a 1.66% rise from March.
Demand deposits remain the dominant form of savings among Montenegrin households. Data show that 83.07% of household deposits were held in demand accounts, while only 16.93% were tied up in term deposits, indicating that citizens continue to prefer liquidity and easy access to their funds.
The banking sector as a whole reported total deposits of €5.87 billion at the end of April. Although this figure was 3.68% higher than a year earlier, it was slightly lower than in March, declining by 0.97%.
At the same time, lending activity continued to expand. Total loans reached €5.7 billion, recording annual growth of 13.25% and monthly growth of 1.86%. As a result, the loans-to-deposits ratio increased to 0.97, up from 0.89 a year earlier and 0.94 in March.
According to the CBCG, banks’ largest credit exposure remains concentrated in the non-financial sector and households, which together accounted for nearly 80% of total lending at the end of April.
