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CBCG: No payment transaction request submitted

The Central Bank says that Razvojna Banka did not ask them for permission to open an account in domestic payment transactions.

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A year has passed since the adoption of the law (illustration), Photo: Luka Zekovic
A year has passed since the adoption of the law (illustration), Photo: Luka Zekovic
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

Regarding the article published by "Vijesti" yesterday under the title "A year passes, and the Development Bank is still waiting" and where it was pointed out that the Ministry of Finance has not adopted two by-laws within its jurisdiction even after almost a year, the Central Bank of Montenegro sent a clarification stating that the Development Bank has not yet submitted a request to open an account in the domestic payment system operated by the supreme monetary institution.

"Therefore, the Central Bank of Montenegro could not act on a request that was not submitted, and the Central Bank of Montenegro and the Ministry of Finance are not in any dispute or administrative deadlock on this issue. The Central Bank of Montenegro's actions are fully in line with the law and equal procedures for all participants in the payment system. The Central Bank of Montenegro remains at the disposal of all institutions for technical and regulatory support," the statement signed by Vice Governor Zorica Kalezić states.

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