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Journal of Central Banking Theory and Practice

Print edition ISSN 1800-9581
Web edition ISSN 2336-9205

About this Journal

The Journal of Central Banking Theory and Practice is a scientific and professional journal that the Central Bank of Montenegro publishes thrice a year. The journal has been published since 2012. The most stringent international standards are followed in the publication of papers and reviews which imply “double-blind” review.

This is an open access journal which means that all content is freely available without charge to the user or his/her institution. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission from the publisher or the author. This is in accordance with the BOAI definition of open access. 

In order to ensure high ethical standards, the Journal of Central Banking Theory and Practice adheres to the basic ethical requirements for scientific publications established by the Committee on Publication Ethics (COPE). Authors and Reviewers are expected to observe the principles and guidelines of ethical conduct of the Committee on Publication Ethics.
All potential authors are invited to submit their papers in line with the Guideline for Authors. The deadline for paper submission for the next issue is 15 August 2014.

    About this Journal


    Author Guidelines


    Editorial Board


    Current issue




Starting from the Volume 3, Number 1, electronic publishing is provided by the De Gruyter Open

Current issue
Volume 3, Number 2

Velibor Milošević
Use and Limitations of the Reserve Requirement Policy in Montenegro

Lidija Barjaktarović, Maja Dimić, Dejan Ječmenica
Assesment of the Interest Rates in the Serbian Banking Sector

Valentina Ivanović
Financial Independence of  Central Bank through the Balance Sheet Prism

Nenad Milojević
Optimal Banking and Other Financial Business for the Economic Growth of Serbia

Sanja Vuković
Stress Testing of the Montenegrin Banking System with Aggregated and Bank-Specific Data









































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