| Category: |
Other producers of official statistics |
| Area: |
ONAs |
| Survey / data collection: |
Financial Soundness Indicators |
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: | 18-Aug-21 |
| 2.2. Metadata last posted: | 29 December 2023 |
| 2.3. Metadata last update: | 7-Dec-23 |
| 3. Statistical presentation Top |
| 3.1. Data description: | Financial soundness indicators refer primarily to banks, and they represent relative values, i.e. ratios between different categories characteristic for the banking sector. |
| 3.2. Classification system: | In line with the IMF FSIs Compilation Guide 2019. |
| 3.3. Sector coverage: | Financial soundness indicators refer primarily to banks. Apart from that, a small segment of financial soundness indicators covers the real estate market. |
3.4. Statistical concepts and
definitions: | The survey is in line with the IMF FSIs Compilation Guide 2019. |
| 3.5. Statistical unit: | Banks in Montenegro. |
| 3.6. Statistical population: | Banks in Montenegro. |
| 3.7. Reference area: | Montenegro |
| 3.8. Time coverage: | For a vast majority of series: quarterly data since 2006. |
| 3.9. Base period: | Attn. |
| 6. Institutional mandate Top |
6.1. Legal acts and other
agreements: | Pursuant to the Law on Official Statistics and Official Statistical System (Official Gazette of Montenegro No 1812), Central Bank of Montenegro Is producer of official monetary and financial statistics. The collection and processing of data is done pursuant to the Law on Central Bank of Montenegro (Official Gazette of Montenegro No 4010, 4610 and 613), Law on Banks (Official Gazette of Montenegro, br. 1708, 4410 and 4011) and Decision on Reports Submitted to Central Bank of Montenegro Official Gazette of Montenegro No 6412). |
| 6.2. Data sharing: | IMF; Monstat for National Summary Data Page for eGDDS. |
| 7. Confidentiality Top |
| 7.1. Confidentiality - policy: | Law on Official Statistics and Official Statistical System, Law on Central Bank of Montenegro (Official Gazette of Montenegro No 4010, 4610, 613) and Law on Current and Capital Affairs with Abroad (Official Gazette of the Republic of Montenegro No 4505 and Official Gazette of Montenegro No, br.6208,6213), Decision on Keeping Record on Current and Capital Affairs with Abroad and Data Submission on These Affairs (Official Gazette of Montenegro No 82017 from 03.02.2017), and the Decision on Cash Amount that Can Be Entered and Take Out from Montenegro Without Declaration. 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 published on an aggregate, not individual basis. |
| 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: | Data is published on the CBCG website, on https:www.cbcg.meenstatisticsstatisticalfinancial-soundness-indicators |
| 10.3. Online database: | Attn. |
| 10.4. Micro-data access: | Attn. |
| 10.5. Other: | Apart from the website of the CBCG, data is also available on an IMF page https:data.imf.org?sk=51B096FA-2CD2-40C2-8D09-0699CC1764DA |
10.6. Documentation on methodology:
domain: | IMF FSIs Compilation Guide 2019.
https:www.imf.orgenDataStatisticsFSI-guide |
| 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 FSIs Compilation Guide 2019. |
| 11.2. Quality assesment: | Attn. |
| 12. Relevance Top |
| 12.1. User needs: | Attn. |
| 12.2. User satisfaction: | Attn. |
| 12.3. Completeness: | Attn. |
| 14. Timeliness and punctuality Top |
| 14.1. Timeliness: | Attn. |
| 14.2. Punctuality: | Data is published about month and a half after the reference period, in line with release calendar. |
| 15. Coherence and Comparability Top |
15.1. Comparability -
geographical: | Data is produced in line with the IMF FSIs Compilation Guide 2019. |
| 15.2. Comparability over time: | Data not fully comparable. More detailed explanations about it are given in excel file in which data is published: https:www.cbcg.meenstatisticsstatisticalfinancial-soundness-indicators |
15.3. Coherence - cross
domain: | Attn. |
| 15.4. Coherence - internal: | Attn. |
| 18. Statistical processing Top |
| 18.1. Source data: | We use balance sheet and income statement data, as well as supervisory data. |
18.2. Frequency of data
collection: | Quarterly |
| 18.3. Data collection: | Direct reporting by banks |
| 18.6. Adjustment: | Attn. |
