77 millionaires in Montenegro

PODGORICA, (Patria) - According to the latest data, there are 77 citizens in Montenegro who have more than a million euros in their accounts in domestic banks, the Central Bank announced. The person with the most money in their account is a citizen of Montenegro, with 50.3 million euros in their account.

The Central Bank does not disclose names, RTCG reports, because they are prevented from doing so by the law defining business secrets, i.e., Article 84 of the Law on Banks.

"The largest individual amount of deposits of natural persons in banks amounts to 50.281 million euros and belongs to a resident," the CBCG specified.

At the end of December last year, as they explain, 77 natural persons had deposits in banks exceeding one million euros.

"73 citizens have deposits in banks ranging from one million to five million euros. One citizen has a deposit ranging from five to ten million euros, and three citizens have deposits exceeding ten million euros," the Central Bank explained the structure of millionaire deposits.

The richest millionaire, judging by their account in domestic banks, is over 20 million euros richer than the largest legal entity deposit in Montenegro.

It is not certain whether the citizen with over 50 million is a record holder, as there is no data on how much residents of Montenegro have in accounts in foreign banks. Such records do not exist.

It is certain that the number of millionaires in Montenegro is increasing, as there were 64 in 2017, and ten fewer in 2016.