| Category: |
Other producers of official statistics |
| Area: |
ONAs |
| Survey / data collection: |
Statistics of other financial institutions - microcredit financial institutions |
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 statistics of other financial institutions - microcredit financial institutions.
Quarterly production of statistics of other financial institutions - statistics of factoring companies, statistics of companies for purchase of receivables |
| 3.2. Classification system: | Classification is in line with MFSMCG (Monetary and Financial Statistics Manual and Compilation Guide - IMF, 2016) and ESA 2010 (European System of Accounts) methodology. |
| 3.3. Sector coverage: | Microcredit financial institutions, factoring companies and companies for the purchase of receivables have the reporting obligation. |
3.4. Statistical concepts and
definitions: | The survey is aligned with the international standards |
| 3.5. Statistical unit: | Microcredit-financial institutions, factoring companies and companies for the purchase of receivables |
| 3.6. Statistical population: | Microcredit-financial institutions, factoring companies and companies for the purchase of receivables |
| 3.7. Reference area: | Montenegro |
| 3.8. Time coverage: | Monthly data since 2009 for microcredit financial institutions. Quarterly data for factoring companies from 2021. Quarterly data of companies for the purchase of receivables from December 2022 |
| 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), the Law on Financial Leasing, Factoring, Purchase of Receivables, Micro-lending, and Credit-Guarantee Operations (OGM 7317, 4412), and the Decision on Reports to be Submitted to the Central Bank of Montenegro (OGM 2418). |
| 6.2. Data sharing: | Eurostat and IMF |
| 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, Inflation Report (https:www.cbcg.meen) |
| 10.3. Online database: | Attn. |
| 10.4. Micro-data access: | Attn. |
| 10.5. Other: | https:www.cbcg.meenstatisticsstatisticalmonetary-and-financial-statisticsother-financial-institutions |
10.6. Documentation on methodology:
domain: | https:www.cbcg.meenstatisticsstatisticalmonetary-and-financial-statistics 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 is fully comparable |
15.3. Coherence - cross
domain: | Attn. |
| 15.4. Coherence - internal: | Attn. |
| 17. Data revision Top |
| 17.1. Data revision - policy: | Preliminary quarterly data is revised upon definitive data availability. Users are informed on data definitiveness. In case of significant differences, changes, alongside reasons behind them, are explained in reports. Series are revised as far-back as possible, with the aim of ensuring data series comparability. |
| 17.2. Data revision - practice: | Attn. |
| 18. Statistical processing Top |
| 18.1. Source data: | Monthly reports of microcredit financial institutions. Quarterly reports of factoring companies and receivables purchase companies |
18.2. Frequency of data
collection: | Monthly, quarterly |
| 18.3. Data collection: | Direct reporting by microcredit-financial institutions, factoring companies and companies for the purchase of receivables |
| 18.6. Adjustment: | Attn. |
