The most important indicators of the banking sector's operations confirm its stability, while key balance sheet positions show positive trends this year as well, announced the Governor of the Central Bank (CBCG), Irena Radović.
Today she met with the ambassador of Germany in Montenegro, Peter Felten, who visited the supreme monetary institution.
Radović presented Felten with the most important indicators of the banking sector's operations, which confirm its stability, and announced that key balance sheet positions, such as bank assets, capital and deposits, are showing positive trends this year as well.
"Radović pointed out the commitment of the CBCG to the fulfillment of the strategic goal of Montenegro - joining the European Union (EU), emphasizing that the representatives of this institution participate in the work of ten working groups for negotiation chapters, of which she heads three," the announcement states.
The interlocutors agreed that the role of central banks in the process of integration of the Western Balkan region into the EU is extremely important, especially in the segment of economic integration.
One of the priority activities for the accelerated economic integration of the region is the joining of the countries of the Western Balkans to the single market for payments in euros (SEPA).
Radović introduced Felten to the activities of the CBCG on the plan of Montenegro's accession to SEPA, as well as other plans aimed at strengthening institutional capacities and transferring and adopting the best European standards in the context of further improvement of the regulatory and supervisory framework.
"In this segment, cooperation with the Bank of Germany is extremely valuable to us", said Radović and thanked for the support within the regional IPA project, whose coordinator is the Bank of Germany, and which supports the preparation of the central banks of the Western Balkans for their integration into the European system of central banks. .
Radović and Felten agreed that the Berlin process, as an initiative that promotes regional cooperation and the acceleration of the integration of the Western Balkans region into the EU, is extremely important for Montenegro's European path.
"I am encouraged by the ambitious agenda of the CBMG and your intention to contribute to the acceleration of the integration of Montenegro into the EU," said Felten.
The interlocutors expressed the expectation that the cooperation between the two countries will be further improved in the coming period and agreed to continue communication.
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