11.11.2021. A presentation of the announced Credit Guarantee Fund was held at the Ministry of Economic Development, where the initial capital would amount to EUR 10 million, and the working capital for the beginning, for 3 years of operation, would amount to EUR 400,000.00. One of the main problems in accessing finance faced by companies, entrepreneurs as well as persons with registered activity refers to the difficulties in securing collateral required by financial institutions, which is usually in the form of a mortgage or pledge on equipment or other movable property. The Association of Banks of Montenegro supports the establishment […]