The Association of Montenegrin Banks attended the final presentation of the EU Twinning project with the Montenegrin institutions in charge of the functioning of the financial system.Ministry of finances of Montenegro and the Consortium of the EU institutions (Federal Ministry of Finance, Croatian National bank, Deutsche Bundesbank, De Nederlandsche Bank, Croatian Financial Services Supervisory  Agency and Federal Financial Supervisory Authority), supported by EU funds (IPA) implemented Twinning contract with goal to support the regulation of financial services in Montenegro. The purpose of this Project was to align the legislation for financial services with Union acquis and strengthen the regulatory and […]

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May 28, 2020 at 12.00 the Financial and Banking Association of Euro-Asian Cooperation is holding a videoconference. Beside members of MBS, Heads of commercial banks are invited to participate in the conference.   Subject: “Peculiarities of credit institutions’ work in the context of a pandemic”. Questions for discussion: Activities of banks to organize remote work of employees. Formation of remote Features of the organization of basic processes in remote working conditions, ensuring their continuity and safety. Problems of information interaction between banks and the regulator. Transforming customer service models and processes. Features of trade and export financing under general quarantine […]

The meeting, attended by the representatives from Montenegrin banks together with the representatives of banks from Serbia and North Macedonia, was invited by Regional SWIFT director Ms Maria Uzoykina. During three and a half hour session, experts from SWIFT gave the update on current projects and presented the activities already announced as well as the new projects, mainly technical ones. Covid19 pandemic affected the development of a number of current projects in the way that their deadlines, or some of the phases of these projects, had to be postponed for some time, while other projects have been ongoing as initially […]