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17/01/2017

The Central Bank of Montenegro Governor, Radoje Žugić, PhD, and his associates met today with Tarik Telaćević, CEO of Prva banka AD Podgorica. Current situation and trends in financial and banking sector in Montenegro were discussed at the meeting as well as the role of Prva banka.

Governor Žugić pointed out in his introductory speech that CBCG is open for continuous and intensive communication with the banks with the aim of reaching mutual interest, specifically in terms of strengthening the banking system and preserving financial stability. 

Mr Telaćević presented the situation in Prva banka to the management as well as the basic parameters of business, vulnerabilities and modalities for their resolving. It was concluded that the bank meets prescribed parameters and that will, with certain restrictions, alongside other banks, contribute to creating stable and sound banking system in the upcoming period.

Governor Žugić concluded that CBCG leads a proactive policy with the aim of having well capitalized, sound and viable banking system, emphasizing the importance of each individual bank. Continuation of an intensive cooperation on operational level and full support to the scheduled activities of Prva banka under the of competences of CBCG has been announced.