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 […]

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 […]

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 […]

12.09.2024. Central The Bank of Montenegro, in cooperation with the European Commission, the World Bank and the European Payments Council (EPC), organized the workshop “Technical aspects of joining SEPA payment schemes” for representatives of the Montenegrin banking and IT sectors The workshop is a continuation of the Central Bank’s activities in the field of modernization of payment systems as part of preparations for Montenegro’s accession to the Single Payment Area in Euros (SEPA) which covers 36 European countries. The event was opened by the governor of the CBCG, Irena Radović, noting that Montenegro’s accession to SEPA represents a turning point […]

As part of the exchange of information and expansion of knowledge about SEPA processes, organized by the CBCG on September 6, 2024. a presentation was held on the experiences of Croatia when it comes to this process. The presentation is organized as part of a study visit to Montenegro by a colleague from the Payments Department of the Croatian National Bank. CBCG took advantage of this opportunity and organized a presentation for Montenegrin commercial banks, where colleagues from the CNB shared their experiences in working with SEPA payment schemes and Croatia’s approach to this process in general. The process, requirements, […]