In late 2025, lending standards for businesses in Montenegro remained mostly unchanged, while conditions for household loans were eased, improving access to credit.
Looking ahead to early 2026, banks expect to loosen lending standards for businesses due to stronger competition, better economic conditions, and greater risk appetite. In contrast, credit conditions for households are likely to tighten due to regulatory limits on borrowing, higher financing costs, and rising non-performing loans.
Despite these shifts, demand for loans increased in both sectors—driven by business investment and liquidity needs, and by households seeking refinancing, real estate purchases, and durable goods. This upward trend in demand is expected to continue into 2026, though at a slower pace.
