At the invitation of the World Bank representatives, UBCG representatives attended the presentation of the World Bank’s Regular Economic Report on Economic Developments in the Western Balkans (Albania, Bosnia and Herzegovina, Montenegro, Kosovo, Northern Macedonia and Serbia). A semi-annual report on recent economic developments and the outlook in the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia). The edition looks at the economic and social effects of multiple shocks to the region, including the impact of the war in Ukraine and the energy crisis in Europe. The economies of the Western Balkans saw a strong growth […]
We have announced a week of money, we have done several workshops, and we hereby inform you that the Association of Banks of Montenegro has continued educational activities, which are not practiced only in this special week. As part of our activities on World Money Week, when events aimed at educating children, youth and adults are organized, emphasis our efforts in approaching financial issues are accessible to the public in an adequate way. Topics on money, savings, entrepreneurship and similar topics are covered through entertaining and interactive content. Students had the opportunity to hear lectures on the origin and development […]
This European Money Week, the Association of Montenegrin Banks (UBCG) is putting financial skills first by visiting primary and secondary schools and holding several lectures on the importance of money, savings, and financial education of young people. An initiative of the European Banking Federation (EBF), European Money Week has become a tradition to raise awareness on the benefits of financial education.
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 […]