MontenegroMinistry of Finance prepares law changes to regulate debt and lending
The Ministry of Finance is preparing amendments to the law that will prohibit banks from advertising products that encourage citizens to borrow and will provide free debt counseling services.
Background
Many countries in this region have faced rising household debt and cost of living pressures in recent years. Governments are exploring various policy tools to address financial stability concerns and protect consumers from predatory lending practices.
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Ministry of Finance prepares law changes to regulate debt and lending
First report 19h agoLast update 19h ago1 takes▲ 1
support debt protection measurespositiveShow 1 post
started 19h ago•Last update 19h ago
The proposed changes aim to protect citizens from irresponsible lending practices and provide support for those struggling with debt repayment.
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