October 25, 2024

Western Balkans Competitiveness Outlook 2024: Regional Profile Presentation of OECD

Inclusive and sustainable economic growth in the six Western Balkan (WB6) economies depends on greater economic competitiveness. Although the gap is closing gradually, the standards of living in WB6 are well below those of the OECD and EU. Accelerating the rate of socio-economic convergence will require a holistic and growth oriented approach to policy making. This is the fourth study of the region (formerly under the title ‘Competitiveness in South East Europe’) and it comprehensively assesses policy reforms in the WB6 economies across 15 policy areas key to strengthening their competitiveness. It enables WB6 economies to compare economic performance against […]
October 17, 2024

60TH MEETING OF ASSOCIATED MEMBERS OF THE EUROPEAN BANKING FEDERATION

16.10.2024. The 60th EBF meeting of associated members was held in Brussels, attended by the General Secretary of the UBCG, Bratislav Pejaković. At the meeting, in addition to information on the regional state of banks in the Western Balkans, the activities of the European Banking Federation, the implementation of the digital euro was presented, and a review was made of the state of the German economy, which is already in recession for the second year. The direct impact on banks and the financial sector in general was also pointed out, which can come from a greater degree of consolidation in […]
September 30, 2024

THE INTERNATIONAL CONGRESS OF THE INSTITUTE OF CERTIFIED ACCOUNTANTS OF MONTENEGRO WAS HELD

26-28.2024. an international congress organized by the Institute of Certified Accountants of Montenegro was held. The banking sector in Montenegro is the healthiest sector of the Montenegrin economy and has contributed to economic growth, it was announced at the XIX International Congress of Accountants and Auditors of Montenegro The Vice Governor of the CBCG, Nikola Fabris, pointed to illiquidity, which has been a decades-long problem of the Montenegrin economy. “In the last ten years, we have seen an increase in the number of blocked companies, as many as 32 percent of business entities had blocked accounts at the end of […]
September 27, 2024

Banker no. 66

A new issue of the Banker magazine has been released. Download >>>
September 20, 2024

WORKSHOP – DEDICATED TO DIGITAL INDETIFICATION – VALIDATION OF DIGITAL IDENTITY

The Association of Banks of Montenegro took care to provide another workshop that will help our banks to be as more ready for all the challenges ahead. Attempts at fraud, hacker attacks and abuse of sales channels are becoming more and more common every day, where prevention is the best protection. One of the main challenges is digital identification – digital identity validation – client identity verification. The workshop emphasized the new legal regulation, eIDAS 2.0, which is being voted on in the European Parliament. It is a strong authentication and EUDI wallet acceptance that is mandatory for the banking […]
September 13, 2024

SBFN ESG GLOBAL MEETING – RIO DE JANEIRO BRAZIL

The SBFN Secretariat organized the 8th global meeting in Rio de Janeiro, Brazil, scheduled for September 11 and 12, 2024, to which representatives of the Association of Banks of Montenegro were invited. Achievements were discussed, and SBFN members and partners were given an insight into current activities and plans through analysis and research of key topics for future work. Conference was an opportunity to share insights into global trends and initiatives on sustainable finance by the G20 Working Group on Sustainable Finance (SFWG), the European Union and CoP29. Building on these trends and priorities, the second part of the session […]