At the end of July, there were 21,024 debtors with blocked accounts, an increase of 36 compared to the previous month, according to data from the Central Bank of Montenegro. The total debt amount that led to the blocking of company accounts reached €1.49 billion, marking a 0.86% rise.
The Central Bank noted that debt concentration was relatively high as of July 31. For example, the ten largest blocked companies, representing just 0.05% of all recorded debtors, accounted for 34.91% of the total blocked amount, which equaled €520.89 million.
Furthermore, the fifty largest blocked companies, making up 0.24% of all debtors, accounted for 53.70% of the total blocked funds, or €801.31 million.
On July 31, 1,275 debtors were continuously blocked for up to one year, with their blocked amounts totaling approximately €25.45 million, representing 2.38% of the overall blocked sum.
Meanwhile, 19,749 debtors had accounts blocked for over a year, with a total blocked amount of €1.45 billion, making up 97.62% of all blocked funds, according to Central Bank data.
