| Category: |
Other producers of official statistics |
| Area: |
ONAs |
| Survey / data collection: |
Statistics of Monetary 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 banks and Central bank |
| 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: | Banks and Central bank have the reporting obligation. |
3.4. Statistical concepts and
definitions: | The survey is aligned with the international standards |
| 3.5. Statistical unit: | Montenegrin banks and Central bank |
| 3.6. Statistical population: | Montenegrin banks and Central bank |
| 3.7. Reference area: | Montenegro |
| 3.8. Time coverage: | Monthly data from 2006 for banks and monthly data from 2007 for Central bank |
| 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. Data are collected and processed pursuant to the Central Bank of Montenegro Law (OGM 4010, 4610, 613, 7017), Law of Credit Institucions(OGM 7219, 8220, 821), and Decision on Bank Reporting to the Central Bank of Montenegro (OGM 12820). |
| 6.2. Data sharing: | Eurostat, IMF; Monstat for National Summary Data Page for eGDDS. |
| 7. Confidentiality Top |
| 7.1. Confidentiality - policy: | 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 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: | Apart from the website of the CBCG https:www.cbcg.meenstatisticsstatisticalmonetary-and-financial-statistics, data is also available on an IMF page https:data.imf.orgregular.aspx?key=61545858 |
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 bank reports |
18.2. Frequency of data
collection: | Monthly |
| 18.3. Data collection: | Direct reporting by Montenegrin banks |
| 18.6. Adjustment: | Attn. |
