December 16, 2021

Banker no. 55

A new issue of the Banker magazine has been released Download >>>
November 12, 2021

Credit Guarantee Fund – Presentation of the establishment on

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 […]
November 12, 2021

UNICEF Business Council Meeting – Action Plan for 2022

12.11.2021 with the participation of UBCG, UNICEF Business Council was held where the Draft Action Plan for 2022 was presented. The Association of Montenegrin Banks supports all activities of UNICEF Montenegro, where it will consider opportunities for participation through the promotion of key messages, family-friendly policies and promote the Bebbo app application to its clients, through the distribution of prepared flyers or brochures at retail outlets. We will provide professional assistance in improving the knowledge and skills of children and young people, in preparing the choice of profession and the needs of the labor market in the 21st century. Every […]
November 12, 2021

WebEx Session, organized for SWIFT users in Central Europe

November 2022 marks a significant milestone in SWIFT’s ambitious strategy to deliver instant and frictionless crossborder transactions across our community. From that date, our new state-of-the-art digital platform will go live for several key traffic types, coinciding with the go-live date of the adoption of ISO 20022 across the community and several key market infrastructures. SWIFT has pleased to invite you to a session, organized for SWIFT users in Central Europe, to remind about Customer Security Programme obligations in 2021/22 and provide an update on Customer readiness for Transaction Management platform and ISO 20022 (CBPR+) – including mandatory activities and related […]
November 4, 2021

IMF regular annual visit of the UBCG

03.11.2021 During the regular annual visit of the UBCG, the International Monetary Fund Mission organized and held a meeting in virtual format with UBCG representatives on the state of the economy, prospects and policies within the regular consultations under Article IV of the Fund’s Statute. The members of the Mission are the Head of the IMF Team for Montenegro, Mr. Srikant Seshadri, Ms. Stephania Eble, Ms. Gohar Minasyan, Mr. Alex Pienkowski, Ms. Yen MOOI, Mr. Vincent Tang and Mr. Carlos Acosta. On behalf of the Association were Mr. Esad Zaimović CEO of Hipotekarna banka and Secretary General of UBCG Mr. […]
November 4, 2021

Ernst & Young Workshop – made by the Audit Company from Belgrade – “Transfer prices in the financial sector”

On November 3, 2021. Another operationally important workshop of UBCG members was held with a prestigious address in the form of one of the world’s largest auditing companies E & Y. According to the published draft amendments to the Law on Profit Tax, it is envisaged that from 2022, all taxpayers will prepare documentation on transactions with related parties, which is in line with regulatory trends in the region, but also in the broader context of international practice, where transfer pricing has certainly been an important topic for years. Team from EY Belgrade has significant experience in preparing documentation on […]