Tag: CBCG

Montenegro Central Bank warns banks against misleading clients on ID card requirements

The Central Bank of Montenegro (CBCG) has issued a precautionary warning to commercial banks, urging them not to tell clients that their access to...

CBCG and ANB strengthen cooperation to address financial risks and support EU path

The Central Bank of Montenegro (CBCG) and the National Security Agency (ANB) emphasized that continued dialogue is key to strengthening cooperation and supporting the...

Montenegro sees surge in millionaires with 81 holding over one million euros in banks

In Montenegro, 81 individuals hold deposits of one million euros or more in local banks, according to official data from the Central Bank of...

Montenegro hosts regional conference on AML/CFT and instant payment fraud prevention

The Central Bank of Montenegro hosted a regional conference on “Preventing Money Laundering and Terrorist Financing (AML/CFT) and Fraud Prevention in Instant Payments”, bringing...
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Montenegro’s corporate debt hits €1.5 billion as Central Bank updates blocked company data

At the end of August, corporate debt in Montenegro due to unpaid obligations reached €1.5 billion, according to the Central Bank. Over 21,000 companies...

Central Bank of Montenegro imposes historic fines as banking sector shows strong performance

The Central Bank of Montenegro (CBCG) imposed fines totaling 830,700 euros on banks last year for the first time in its history, targeting anti-money...
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