Meeting with the OTP Group and Crnogorska komercijalna banka representatives

19/12/2017

The Governor of the Central Bank of Montenegro, Mr Radoje Žugić, PhD met today with the Vice-President of the OTP Group, Mr Laszlo Wolf and Chief Executive Officer of Crnogorska komercijalna banka, Mr Pal Kovacs.

Vice-President Wolf and CEO Kovacs presented to the governor the results of the OTP Group and Crnogorska komercijalna banka in 2017, as well as the further business plans.

It was noted that the CKB functions stable, it is well capitalized, profitable and highly liquid bank, with other parameters of business activities being positive. Governor Žugić expressed his pleasure with the results presented and pointed out that CKB stands out as one of the leaders in the banking market of Montenegro.

Vice-President Wolf announced that strengthening of the stability and safety of the banking sector in Montenegro is visible, which is contributed by the CBCG activities in improving the regulatory framework.

Continued cooperation in implementing the common objectives was agreed at the meeting, especially in the area of further strengthening of the banking system and financial stability, as well as contributing to the dynamism of economic growth.