| Category: |
Other producers of official statistics |
| Area: |
ONAs |
| Survey / data collection: |
Interest rate statistics |
Note: For any question on metadata, please contact MONSTAT metadata support.
| 1. Contact Vrh |
| 1.1. Contact organization: |
Central Bank of Montenegro |
| 1.2. Contact organization unit: |
Sector for Financial Stability and Research and Statistics |
| 1.2. Contact organization unit: |
Bulevar Sv. Petra Cetinjskog 6, 81000 Podgorica |
| 2. Metadata update Top |
| 2.1. Metadata last certified: | 08122023 |
| 2.2. Metadata last posted: | 29 December 2023 |
| 2.3. Metadata last update: | 08122023 |
| 3. Statistical presentation Top |
| 3.1. Data description: | Monthly production of interest rate statistics of banks and microcredit financial institutions |
| 3.2. Classification system: | Classification by purpose, maturity and sectors. |
| 3.3. Sector coverage: | Reporting obligation is on banks and microcredit-financial institutions. |
3.4. Statistical concepts and
definitions: | The survey is aligned with the international standards |
| 3.5. Statistical unit: | Banks and micro-financial institutions |
| 3.6. Statistical population: | Banks and micro-financial institutions |
| 3.7. Reference area: | Montenegro |
| 3.8. Time coverage: | Monthly data from 2005 for banks and monthly data from 2007 for microcredit financial institutions |
| 3.9. Base period: | Attn. |
| 6. Institutional mandate Top |
6.1. Legal acts and other
agreements: | In accordance with the Law on Official Statistics and the System of Official Statistics ( Official Gazette of Montenegro , No. 1812, 4719), the Central Bank of Montenegro is the producer of official monetary and financial statistics. The CBCG collects and statistically processes data pursuant to the Central Bank of Montenegro Law (OGM 4010, 4610, 613, 7017), Law of Credit Institucions(OGM 7219, 8220, 821),Decision on the uniform manner of calculation and reporting of effective interest rate on loans and deposits (OGM 5113, 5214)and Decision on Credit Registry (OGM 3918). |
| 6.2. Data sharing: | IMF; Monstat for National Summary Data Page for eGDDS. |
| 7. Confidentiality Top |
| 7.1. Confidentiality - policy: | Chapter V Statistical Confidentiality of the Regulation (EC) No 2232009 of the European Parliament and Council adopted on 11 March 2009 on the European Statistics regulates protection and transmission of confidential data in ESS and ESCB |
7.2. Confidentiality - data
treatment: | Data is available to public in aggregate form only. |
| 8. Release policy Top |
| 8.1. Release calendar: | Data is published following the date defined in the official publication Calendar. The calendar is publicly available. |
| 8.2. Release calendar - access: | https:www.cbcg.meenstatisticsrelease-calendar |
| 8.3. User access: | Data is available on the CBCG website, according to the release calendar and at the same time for all the users. |
| 10. Accessibility and clarity Top |
| 10.1. News release: | Attn. |
| 10.2. Publications: | Bulletin, Quarterly and Annual Macroeconomic Report, Annual Report(https:www.cbcg.meen) |
| 10.3. Online database: | Attn. |
| 10.4. Micro-data access: | Attn. |
| 10.5. Other: | https:www.cbcg.meenstatisticsstatisticalinterest-rates |
10.6. Documentation on methodology:
domain: | https:www.cbcg.meenpublicationsregular-publicationscbcg-bulletin |
| 10.7. Quality documentation: | Operating procedures |
| 11. Quality management Top |
| 11.1. Quality assurance: | Quality is ensured by the use of statistical concepts presented in the IMF Compilation Guide for monetary and financial statistics, as well as using ECB methodologies for monetary and financial compilation |
| 11.2. Quality assesment: | Attn. |
| 12. Relevance Top |
| 12.1. User needs: | National users: ministries and other institutions of public administration, MONSTAT, banks, researchers, media and other International users: IMF, World Bank, ECB, foreign embassies, researchers and other |
| 12.2. User satisfaction: | Attn. |
| 12.3. Completeness: | Attn. |
| 15. Coherence and Comparability Top |
15.1. Comparability -
geographical: | The data are comparable with international documents and methodology |
| 15.2. Comparability over time: | Time series of weighted average lending interest rates of banks by purpose and of weighted average lending interest rates of banks by sectors are comparable as of September, 2011. Time series of weighted average effective deposit interest rates is fully comparable. |
15.3. Coherence - cross
domain: | Attn. |
| 15.4. Coherence - internal: | Attn. |
| 18. Statistical processing Top |
| 18.1. Source data: | Daily and monthly reports of banks and other microcredit financial institutions. |
18.2. Frequency of data
collection: | Monthly |
| 18.3. Data collection: | Direct reporting by Montenegrin banks |
| 18.6. Adjustment: | Attn. |
