Crnogorska komercijalna banka (CKB) operates stably and with strong market performance and, as a systemically important financial institution, contributes to the safety and resilience of the Montenegrin banking system.
This was assessed at a meeting between the Governor of the Central Bank of Montenegro (CBCG) Irena Radović and the Chairman of the Board of Directors of OTP Banka Peter Csány, the CEO of OTP Group Csere Balint, and the Chairman of the Board of Directors of CKB Tamás Kamaraši.
As announced by the Central Bank of Montenegro, Radović presented the priorities of the umbrella financial institution, with a special focus on the full implementation of European supervision standards and further modernization of payment transactions, through the implementation of the initiated TIPS clone project - a national instant payment system.
She emphasized that the SEPA and TIPS clone projects are important steps towards the full integration of Montenegro into the European payments area.
"The meeting concluded that CKB operates stably and with strong market performance, and that as a systemically important financial institution, it makes an important contribution to the security and resilience of the Montenegrin banking system," the statement said.
Csány emphasized that OTP Group will continue to strongly develop and improve its operations in Montenegro in the coming period, emphasizing that 20 years of successful operations of CKB on the Montenegrin market represent the best confirmation of the Group's long-term commitment to that country and its economy.
According to him, over the past two decades, CKB has built a strong market position and client trust.
"We will continue to be a reliable partner to the citizens and economy of Montenegro, to provide secure, modern and competitive services and to actively contribute to the stability and further development of the country's financial system. As a group operating in the EU market, we will support CKB in the development and improvement of digital solutions and traditional banking services, as well as through new development opportunities that will further strengthen our market position," said Csány.
The interlocutors assessed that the implementation of the SEPA and TIPS projects represents an important step forward in the modernization of the financial system and guarantees its long-term stability and competitiveness.
It was emphasized that such initiatives further strengthen Montenegro's European perspective and contribute to the development of an open, efficient and innovative financial services market.
The Central Bank of Montenegro stated that it was concluded that continuous and partnership-based cooperation between regulators and the banking sector will remain a key prerequisite for the successful implementation of reforms, strengthening financial stability and supporting the sustainable economic development of the country.
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