The Central Bank of Montenegro (CBCG) expects NLB Bank to persist in its effective support for initiatives aimed at reducing interest rates.
CBCG Governor Irena Radović, along with her team, recently met with Martin Leberle, Chairman of NLB Bank’s Board, and Igor Macura, a member of the Supervisory Board.
The meeting covered NLB Bank’s recent business performance, future objectives, and plans, particularly focusing on the public offer by NLB to acquire Addiko Bank Vienna, according to the statement.
Radović expressed her confidence that NLB Bank will continue to support CBCG’s efforts to lower interest rates, with the goal of maintaining citizens’ living standards and fostering economic growth.
She updated the NLB Bank representatives on CBCG’s progress in aligning its regulations with EU legal standards, its application for SEPA membership, and upcoming changes to the regulatory framework governing banking operations.
The statement emphasized the importance of ongoing communication and collaboration to achieve common goals, especially in further strengthening the banking system to ensure financial stability.
