CBCG: More blocked companies on the new list

The Central Bank of Montenegro (CBCG) has published a new list of companies with blocked accounts, which includes 21 more blocked companies than the previous one.

The new list, which the Central Bank of Montenegro publishes monthly in accordance with the Law on Payment Transactions, includes 21,18 thousand companies registered with the Central Register of Business Entities (CRBE) and the Central Bank of Montenegro. Of the total number of blocked companies, 3,45 thousand are registered with the Central Bank of Montenegro, but are not in the CRBE.

In accordance with the Law on Payment Transactions, the Central Bank of Montenegro is obliged to publish data related to the forced collection procedure, namely the names of companies or entrepreneurs, their registration numbers, the amounts of blocked accounts and the number of days of continuous blocking.

The Central Bank of Montenegro explained that the registration numbers for entrepreneurs are not published, because in the Central Bank's Central Registry of Transaction Accounts, they are registered using the citizens' unique registration number (JMB), the publication of which is not in accordance with the Law on Personal Data Protection.

The CBCG publishes data once a month on the website, on the first working day after the end of the month, with a cross-section of the balance on the last day of the month, in alphabetical order of the names of companies and entrepreneurs.

In the period from July 2012, when the Central Bank of Montenegro began publishing data, until January 9, 2014, data was published in accordance with the then applicable law on payment transactions in the country, for companies or entrepreneurs when the account was blocked for more than ten thousand euros for a continuous period of more than 30 days.

The names of the companies are published on the CBCG website, and in order to ensure full impartiality, they are published in alphabetical order.