44th meeting of associate members of the European Banking Federation (EBF) has been held today in Belgrade and it was chaired by Giovanni Sabatini, chair of the EBF. Bratislav Pejaković, Secretary General and Nebojša Đoković, advisors attended the meeting as the representatives of the Association of Montenegrin Banks. Wim Mijs, CEO of European Banking Federation, presented the strategy and main objectives of the further work of the EBF. Veroljub Dugalić, Secretary General of the Association of Serbian Banks (UBS), presented an overview of the most important indicators in the banking sector of Serbia in his role as a host, while […]

The Association of Montenegrin Banks and Finance in Motion from Germany organised a seminar –workshop in Podgorica regarding more qualitative preparation for implementing Basel III standards. The lecturer was Christian Thornaes (GARP – Global Association of Risk Professionals).   The scope of seminar:   Introducing bank employees in Montenegro with the implications of Basel III regulatory framework, its objectives and key changes with regard to the capital adequacy, operational and liquidity risks, as well as mergers and acquisitions (M&A). Moreover, the attention was paid to the role of organisational units managing assets and liabilities, ALCO procedures and policies, and adequate […]

Euro Money Week has been promoted for the first time in the Association of Montenegrin Bank, where guests were students of the fourth grade of the elementary school “Sutjeska”. Employees of the Association held presentation on the money and importance of savings, and children animator brought closed the role and importance of banks to children.

Bratislav Pejaković, Secretary General of the Association, and his team held meeting with Slaven Popović and Vladan Čurić, managers from Finance in Motion. Association of Montenegrin Banks has made a qualitative step forward by making an agreement on cooperation with a renewable organization Finance in Motion. The Finance in Motion GmBH from Frankfurt is one of the leading global companies in the area of development financing, which focuses on sustainable economic, social and environmental development in low and medium income countries. Having about 1.7 billion euros in assets it manages through its four funds in 30 countries throughout Southeast and […]

Bratislav Pejaković, Secretary General of the Association, and Nebojša Đoković, Advisor, visited the Association of Serbian Banks where they discussed on current issued with the Veroljub Dugalić, Secretary General of the Association of Serbian Banks. This intensified the cooperation between two Associations which will be strengthened by signing Memorandum of Understanding at the beginning of May of the current year. The possibilities of further cooperation in education, publishing and credit registry were discussed.

Upon the completion of the successful workshop regarding new accounting standard IFRS 9, which was held in the premises of the Association of Montenegrin Banks, a meeting was held with the representatives of the PricewaterhouseCoopers from Belgrade. The representatives of the PWC were introduced with the activities of the Association and further cooperation was agreed that will contribute to the quality of activities regarding further education of bankers. The cooperation was initiated through regional PWC representative, Igor Lukšić, and PWC representatives, Jock Nunan, Saša Todorović and Nikola Stamenić agreed on further strengthening of the cooperation between two institutions.

The Association of Montenegrin Banks organised presentation and interactive workshop of IFRS 9 which was held by PricewaterhouseCoopers in the premises of the CBCG on 20 March 2017. Lecturers were Saša Todorović, Nikola Stamenić and Jock Nunan. The workshop covered the following topics: • Classification of financial assets in three categories, • Classification of debt instruments in accordance with the business models for financial asset management, • Investments in equity instruments are always measured at fair value, • The largest number of IAS 39 requirements that refer to the classification and measurement of financial liabilities were transposed in unchanged form […]