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NPL Panel, Lessons Learned and Future Actions

Association of Montenegrin Banks participated, upon the invitation of the United Kingdom Alumni Association of Montenegro, at the Non-performing loans Panel (NPL), Lessons Learned and Future Actions. The participants to this Panel were Irena Radović, Vice-Governor of the CBCG, Milorad Katnić, President of the Board of Directors of the Societe Generale Montenegro,Katja Peček, a lawyer from Slovenia (Kings College London), Miloš Vuković, financial advisor and executive director of the Fidelity Consulting, and Bratislav Pejaković, Secretary General. The presentations and discussions held were informative and constructive due to different opinions and perceptions regarding the NPL issue or 90 days and over past due loans, the causes, consequences thereof, what has been done and what is recommended from the lessons learned.

During two-day seminar, interesting panels were heard: Innovative approach to local development and bail-in for the improvement of business environment – assistance or ignorance? The following ministries participated on this panel: Ministry of Finance, Ministry of Tourism and Sustainable Development, Ministry of Economy, and also Chamber of Commerce of Montenegro, Council of Foreign Investors in Montenegro, Secretariat for Development Projects EBRD, chief manager of the Capital and other stakeholders.