In its inaugural quarter of operations, the newly established The Development Bank of Montenegro has made a striking debut, reporting a 35% increase in disbursements compared to the same period last year.
Formerly known as the Investment and Development Fund (IRFCG), the bank is committed to driving Montenegro’s economic transformation with a €200 million support plan for 2025—an ambitious 33% boost from the previous year.
The bank’s President, Nikola Tripković, outlined its comprehensive strategy, emphasizing long-term investments in priority sectors such as tourism, agriculture, and energy.
With a focus on innovation and sustainable growth, the bank offers flexible financial support to businesses of all sizes, particularly targeting underdeveloped regions and vulnerable groups.
Aimed at reducing unemployment and fostering inclusive economic development, the bank also seeks to play an educational role, helping businesses navigate financial opportunities with expert guidance.
As Montenegro strives for greater economic resilience, The Development Bank of Montenegro stands ready to spearhead the country’s investment cycle and regional growth.
