Annual awards and a fundraising auction to celebrate the Central Bank of Montenegro Day
11/04/2018
On the occasion of celebrating 11th April, the Central Bank of Montenegro Day, a ceremonial presentation of the CBCG 2018 Annual Awards and a fundraising auction of art works of Montenegrin artists were held today.
The CBCG annual award was established in 2007 with the aim of encouraging development of scientific thought and promoting young professionals in Montenegro and it consists of the plaque and the cash amount of 2,000 thousand euros for the best diploma thesis, 3,000 thousand euros for the best master`s thesis, and 4,000 thousand euros for the best doctoral thesis.

The competent commission comprised of the prominent university professors and CBCG experts decided to grant the award for the best diploma thesis to Mr. Miloš Martinović, for his paper Internal Audit in the Function of Improving the Risk Management Systems in Banks, defended at the Faculty of Economics, University of Montenegro.
The best master`s thesis award was granted to Ms. Milena Pajović for her paper Analysis of the Universal Banking Model, defended at the Faculty of Economics, University of Montenegro.
The best doctoral thesis award was shared between Ms. Milica Daković Tadić, for her paper Relation between Business and National Accounting: Analysis of Differences and Recommendations for Convergence and Ms. Bojana Bošković, for her paper Impact of Regulatory Policy on the Economy with a Special Emphasis on Montenegro. Both papers were defended at the Faculty for International Economics, Finance and Business, University of Donja Gorica.
The awards were presented by the Governor of the CBCG, Mr. Radoje Žugić, who pointed out that the Annual Award represents just one segment of the CBCG’s corporate responsibility and that by pursuing such activities “this institution aims to promote the value of knowledge and send out a message, primarily to the youth, that hard work is always recognised, and that the best accomplishments are rewarded”.
The event continued with a fundraising auction of Montenegrin academic artists’ works participated by representatives of the diplomatic corps and the banking sector. The CBCG organised the auction with a view to encouraging a wider community to engage in charity activities as well as to contribute to the affirmation of young Montenegrin painters and the development of this type of art.
The auction successfully raised 7,600 euros, half of which will be donated to the Children’s Home “Mladost” in Bijela, while the remaining funds will go to the authors.

By purchasing the artworks of 15 Montenegrin academic artists, the activities of the Children’s Home “Mladost” were directly supported by the Societe Generale Banka Montenegro AD, NLB Banka AD Podgorica, Hipotekarna Banka AD Podgorica, Invest Banka Montenegro AD Podgorica, ERSTE Bank AD Podgorica, Atlas Banka AD Podgorica, Addiko Bank AD Podgorica, Zapad Banka AD Podgorica, NOVA BANKA AD Podgorica, the Association of Montenegrin Banks, and the Central Bank of Montenegro.
The auction featured the works of Marko Pejović, Milijana Vujović, Tatjana Burzanović, Jelena Jovančov, Ela Božović, Željko Pajović, Mila Đerković, Željko Reljić, Đorđije Vujičić, Igor Rakčević, Darko Brajović, Vana Prelević, Mirjana Marsenić Vujović, Mirsad Đurđević, Ivan Pejović, Nada Kažić, Vesna Bošković, Ksenija Škerović Kaluđerović, Nikolina Zuber, Ilija Kaluđerović, Roman Đuranović, Nina Vukčević, Suad Masličić, Sonja Đuranović, Sabaheta-Beka Masličić, Hana Mirkov, Tijana Vujović, Milica Kažić, Biljana Keković, Đorđije Rašović, Tijana Dujović, Radovan Grujić, and Saša Brnović.
By initiating and organising such activities, the CBCG tries to confirm its status of a socially responsible institution that is well aware of the role its role in the society and willing to give its contribution in addressing the issues important for the entire community.