Montenegro has a relatively mature banking system that is dominated by under 20 banks. These are divided almost evenly between corporations based in Montenegro and ones from other countries.
Obviously, having a bank account is an essential part of life. If you plan to live in Montenegro, it will definitely help to have a local bank account.
From opening an account to knowing about deposit insurance, this guide will help you make sense of Montenegro’s banking system. Continue reading “Montenegro’s Banking System”