Commercial bank NLB Montenegrobanka has replaced its CEO Crtomir Mesaric, newswire seebiz.eu informed without revealing possible reasons for the replacement. Mesaric, who has been on the post since March 2006, has been replaced by the BoD member Anton Ribnikar. NLB Montenegrobanka ended the first three months of the year with a marginal net profit of EUR 0.01mn, representing 94.7% y/y contraction. The bank is majority controlled by Slovenian lender NLB. |
Montenegro's government said it decided on Thursday, March 21, to reduce to EUR 220mn from EUR 250mn the amount it plans to borrow this year for financing its budget spending and servicing ... more
Montenegro's budget revenue increased by 11.5% y/y to EUR 195mn in the period from January 1 to March 20 due to higher profit tax, social contributions and VAT inflows, news service ... more
Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more