November 21, 2024
On November 19, 2024. in the organization of the Association of Banks of Montenegro and the technical support of GGF (Green for Growth Fund) Finance in Motion GmbH, a development fund from Frankfurt, Germany and the engagement of Eersnt & Young offices in Belgrade held a workshop on Management of ESG influences, risks and opportunities in the financial sector. The aim of the workshop was to emphasize the role of banks and their approach to green finance, the impact of climate change and the impact on risks calculated in the banking sector, while measuring the degree of pollution by clients […]
October 25, 2024
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
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
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 20, 2024
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 […]