• utorak, 23 jun 2026

CBCG contributes to better understanding of financial concepts

CBCG contributes to better understanding of financial concepts

Podgorica, (MINA-BUISNESS) – Governor the Central Bank (CBCG) Irena Radovic said that the CBCG aims to contribute to a better understanding of financial concepts, products, and risks through numerous financial education activities, especially among young people, but also among other target groups.

 

Speaking at the international roundtable “From Financial Literacy to Financial Stability”, hosted by the Bank of Slovenia in Ljubljana, Radovic said that CBCG views financial education as part of its broader contribution to preserving financial stability and strengthening society’s resilience.

 

“Financial literacy is no longer just a matter of understanding money and basic financial concepts. In a time of digitalization, rapid technological changes, and increasingly complex financial products, it is becoming a key life skill,” Radovic stated.

 

According to her, a financially literate citizen can better recognize risks, manage money and use financial products more responsibly, and protect themselves more effectively from fraud

 

“That is why financial education must be a continuous process and a shared responsibility of institutions, the education system, the financial sector, and society as a whole,” Radovic said.

 

As an example of successfully combining financial education, innovation, and youth engagement, Radovic presented the project “Robotics for the Youngest,” which CBCG implements in partnership with the Ministry of Education, Science and Innovation and the Innovation Fund of Montenegro.

 

The event, held within the framework of the “Masters of the Digital Future” project under the patronage of Slovenian President Natasa Pirc Musar, brought together governors and board members of the central banks of Slovakia, Estonia, Montenegro, Croatia, Bulgaria, Austria, and Slovenia.

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