Montenegro, The Central bank of Montenegro will introduce new prudential measures

Published on 23. November 2022., News

Due to the enormous uncertainty and accompanying risks, the Central Bank of Montenegro closely and on a daily basis monitors all events in order to, in case of need, respond in a timely manner and consider the need to introduce new prudential measures on the micro and macro level, Governor Dr. Radoje Žugić pointed out.

During today’s meeting with the Ambassador of France, Christian Timonier , and the head of the Regional Department for the Western Balkans at the Embassy of France, Pierre Granjuan , he presented the economic situation in the country, with a special focus on the banking sector.

And on this occasion, he pointed out that banking business indicators confirm that the stability of the banking sector has been preserved in the year that is coming to an end.

“A healthy and stable banking sector is a prerequisite for economic development. The need to solve the current economic and fiscal vulnerabilities was also highlighted, for which it is necessary to establish a political dialogue as soon as possible, based on democracy and respect for the Constitution and the law”, agreed the participants of the meeting.

The topic of the conversation was inter-institutional and regional cooperation on improving the fight against cybercrime, which represents one of the biggest global threats of the modern era, local media reports.

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