Mr. Umut Ergezer, the economic policy analyst of the Council for Regional Cooperation, visited the Association of Banks of Montenegro and spoke with Secretary General Bratislav Pejaković and advisor Nebojša Đoković about the possibilities of future cooperation. The Council for Regional Cooperation promotes mutual cooperation, European and Euro-Atlantic integration of Southeast Europe with the aim of encouraging development in the region for the benefit of citizens. It maintains close working relationships with all relevant actors, such as administrative authorities, international organizations, international financial organizations, regional organizations, the private sector and civil society. This is the year of Montenegro’s presidency, so […]

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.

A new issue of the Banker magazine has been released Download >>>

A new issue of the Banker magazine has been released Download >>>

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 […]

12.11.2021 with the participation of UBCG, UNICEF Business Council was held where the Draft Action Plan for 2022 was presented. The Association of Montenegrin Banks supports all activities of UNICEF Montenegro, where it will consider opportunities for participation through the promotion of key messages, family-friendly policies and promote the Bebbo app application to its clients, through the distribution of prepared flyers or brochures at retail outlets. We will provide professional assistance in improving the knowledge and skills of children and young people, in preparing the choice of profession and the needs of the labor market in the 21st century. Every […]

November 2022 marks a significant milestone in SWIFT’s ambitious strategy to deliver instant and frictionless crossborder transactions across our community. From that date, our new state-of-the-art digital platform will go live for several key traffic types, coinciding with the go-live date of the adoption of ISO 20022 across the community and several key market infrastructures. SWIFT has pleased to invite you to a session, organized for SWIFT users in Central Europe, to remind about Customer Security Programme obligations in 2021/22 and provide an update on Customer readiness for Transaction Management platform and ISO 20022 (CBPR+) – including mandatory activities and related […]

03.11.2021 During the regular annual visit of the UBCG, the International Monetary Fund Mission organized and held a meeting in virtual format with UBCG representatives on the state of the economy, prospects and policies within the regular consultations under Article IV of the Fund’s Statute. The members of the Mission are the Head of the IMF Team for Montenegro, Mr. Srikant Seshadri, Ms. Stephania Eble, Ms. Gohar Minasyan, Mr. Alex Pienkowski, Ms. Yen MOOI, Mr. Vincent Tang and Mr. Carlos Acosta. On behalf of the Association were Mr. Esad Zaimović CEO of Hipotekarna banka and Secretary General of UBCG Mr. […]

On November 3, 2021. Another operationally important workshop of UBCG members was held with a prestigious address in the form of one of the world’s largest auditing companies E & Y. According to the published draft amendments to the Law on Profit Tax, it is envisaged that from 2022, all taxpayers will prepare documentation on transactions with related parties, which is in line with regulatory trends in the region, but also in the broader context of international practice, where transfer pricing has certainly been an important topic for years. Team from EY Belgrade has significant experience in preparing documentation on […]

A new issue of the Banker magazine has been released Download >>>