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25/01/2017

The Governor of the Central Bank of Montenegro, Radoje Žugić, PhD, and his associates received OTP Bank plc delegation from Budapest today, headed by Phd Šandor Čanji, Bank President and CEO. The Deputy Minister of Finance, Mr Novo Radović, also attended the meeting.

Representatives of the OTP Bank informed the Central Bank Governor about the further strategic plans of the OTP Bank in the Montenegrin banking market. Readiness of the Bank to route its presence in the banking system towards further development and improvement in its services quality, at the same time providing an adequate support to the economy and retail banking has been emphasized.

Governor Žugić pointed out to the fact to the fact Crnogorska Komercijalna Bank as a part of OTP Group has a significant role in Montenegrin banking system, also expressing his belief that it has capacity for further development, having in mind the size and share of the Bank in the market. He also mentioned the need for continuous exchange of information between Central Bank and OTP Bank which have the function of creating possibility for stable business activities, in line with the international and local regulatory framework.