Wednesday, 30 November 2016
The representatives of the Montenegrin Banking Association (AMB), Mirko Radonjić, AMB Secretary General, and Albanian Association of Banks (AAB), Spiro Brumbulli, AAB Secretary General, met in Tirana to sign a Memorandum on Partnership and Cooperation. This Memorandum represents a framework for future cooperation between the two Associations of the respective countries, with the aim to create favourable conditions for the development of the banking systems in Montenegro and Albania.
This Memorandum is committed to concretize and exchange experience and expertise for the implementation of this cooperation, particularly in the financial education area, as well as training and other joint projects.
During the meeting the importance of regional cooperation in the multilateral framework was emphasised. This agreement will allow exchange of professional experience, joint contribution to improving the image of the banking system and increasing public confidence. In addition, one of the main objectives of the memorandum is to analyse the banking legislation in order to improve its harmonisation with international standards.
