Category: Other producers of official statistics
Area: ONAs
Survey / data collection: Financial Soundness Indicators

MONSTAT metadata
Reference metadata
  1. Contact
  2. Metadata update
  3. Statistical presentation
  4. Unit of measure
  5. Reference period
  6. Institutional mandate
  7. Confidentiality
  8. Release policy
  9. Frequency of dissemination
10. Accessibility and clarity
11. Quality management
12. Relevance
13. Accuracy and reliability
14. Timeliness and punctuality
15. Coherence and Comparability
17. Data revision
18. Statistical processing
19. Comment

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 October 2021
2.3. Metadata last update:18-Aug-21

                                                                                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 2006.
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 2006.
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.

                                                                                      4. Unit of measure                                                                        Top
Percentage; basis points for one series

                                                                                     5. Reference period                                                                       Top
Quarter

                                                                                  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 18/12), 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 40/10, 46/10 and 6/13), Law on Banks (Official Gazette of Montenegro, br. 17/08, 44/10 and 40/11) and Decision on Reports Submitted to Central Bank of Montenegro Official Gazette of Montenegro No 64/12).
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 40/10, 46/10, 6/13) and Law on Current and Capital Affairs with Abroad (Official Gazette of the Republic of Montenegro No 45/05 and Official Gazette of Montenegro No, br.62/08,62/13), Decision on Keeping Record on Current and Capital Affairs with Abroad and Data Submission on These Affairs (Official Gazette of Montenegro No 8/2017 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 223/2009 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.me/en/statistics/release-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.

                                                                            9. Frequency of dissemination                                                             Top
Quarterly

                                                                                  10. Accessibility and clarity                                                                Top
10.1. News release:Attn.
10.2. Publications:Data is published on the CBCG website, on https://www.cbcg.me/en/statistics/statistical/financial-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 2006. https://www.imf.org/external/pubs/ft/fsi/guide/2006/index.htm
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 2006.
11.2. Quality assesment:Attn.

                                                                                        12. Relevance                                                                              Top
12.1. User needs:Attn.
12.2. User satisfaction:Attn.
12.3. Completeness:Attn.

                                                                                  13. Accuracy and reliability                                                              Top
13.1. Overall accuracy:Attn.
13.2. Sampling error:Attn.
13.3. Non-sampling error: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 2006.
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.me/en/statistics/statistical/financial-soundness-indicators

15.3. Coherence - cross
          domain:
Attn.
15.4. Coherence - internal:Attn.

                                                                                        17. Data revision                                                                          Top
17.1. Data revision - policy:Attn.
17.2. Data revision - practice: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.

 

                                                                                           19. Comment                                                                             Top
Attn.
.