Call for Expressions of Interest

12/11/2026

As part of Montenegro’s strategic objective of joining the European Union, the CBCG is undertaking activities to align its institutional, legal, operational and technical framework with the standards and practices of the European System of Central Banks (ESCB) and the Eurosystem.

In this regard, the CBCG invites all qualified consulting firms to submit expressions of interest for the provision of services related to the development and implementation of a Strategy and Roadmap for Montenegro’s participation in TARGET Services.

The assignment will include an assessment of the current readiness of the national payment system, identification of institutional, legal, regulatory, operational, technical and financial prerequisites, analysis of possible accession models and timelines, as well as the development of a roadmap and action plan for implementing the necessary activities, taking into account the specific features of Montenegro’s monetary system, its status in the EU accession process and the applicable Eurosystem requirements.

The consulting firm will be selected in accordance with the CQS method, as defined in the World Bank’s procedures. The deadline for submission of expressions of interest is 26 November 2026 until 10:00 hours to the e-mail address: zoran.mijovic@mif.gov.me.