Today 7.10.2025 – With the launch of the first SEPA transactions in Montenegro, our country has become an equal participant in the European payment area, together with the member states of the European Union – said the Governor of the Central Bank of Montenegro, Irena Radović. In this way, Montenegro participates in the European payment system on an equal basis with the member states of the European Union. From today, our businessmen and citizens can send and receive euros from over 40 countries of the SEPA area, 27 countries of the European Union and member countries of the European Economic Area, […]

Today 02.10.2025 – The new President of the Assembly of the Association of Banks of Montenegro, Mr. Tamás Kamarási, the Chairperson of the Management Board of CKB, hosted the General Secretary of the Assembly and the Presidents of the Assembly’s committees. Those present were introduced to the Program of work for the upcoming period, based on which the Assembly unanimously elected the new President. At the meeting, visions and views were exchanged on how to improve the work of the Association itself, strengthen its resources and synergistically ensure an optimal environment for further improvement of the banks’ operations. The proposals […]

A representative of UBCG participated in the workshop Mitigation of risks from complex sanctions in Montenegro. Sanctions and their application in Montenegro. Executive Order 14114 and what sanctions risks Montenegrin industry should take into account. Investigation of conflicts with local/regional regulations. Avoiding sanctions through ownership and control. International sanctions regimes: Understanding the framework, differences between OFAC and the EU, and the risks of non-compliance. Purpose and objectives of sanctions and trade controls, their importance for the financial sector. The legal and regulatory framework governing sanctions and trade controls: the regulatory environment in the EU, US, UK and other relevant jurisdictions. […]

The representative of UBCG was present at the third international conference “Montenegro Financial Markets”, organized by the Capital Market Commission in cooperation with the Ministry of Finance and the Central Bank of Montenegro. The meeting lasts from 16 to 17. September, and gathered representatives of state institutions, the financial sector and international partners. Minister of Finance Novica Vuković, Governor of CBCG Irena Radović and President of the Capital Market Commission Željko Drinčić spoke at the opening. As part of the first day’s program, the presentation “Focus on Capital Markets Development: Lessons from Croatia” was held. Vuković pointed out that in […]