Podgorica, (MINA-BUSINESS) – Crnogorska Komercijalna Banka (CKB) operates in a sound manner and demonstrates strong market performance, and makes a significant contribution to the security and resilience of Montenegro’s banking system, as a systemically important financial institution.

This was concluded at a meeting Governor of the Central Bank (CBCG) had with Chairman of the Supervisory Board of OTP Bank Peter Csanyi, OTP Group Executive Director Balint Csere, and Chairman of the CKB Supervisory Board Tamas Kamarasi.

According to a press release from the CBCG, Radovic presented the CBCG’s priorities, focusing on the full implementation of European supervisory standards and the further payment system modernization through the implementation of the ongoing TIPS Clone project – the national instant payment system. 

She noted that the SEPA and TIPS Clone projects mark important steps towards the full integration of Montenegro into the European payments area. 

Csanyi said that OTP Group will continue to strongly develop and enhance its operations in Montenegro in the coming period, adding that 20 years of CKB’s successful operations in the Montenegrin market represent the best confirmation of the Group’s long-term commitment to the country and its economy. 

According to him, CKB has built a strong market position and earned the trust of its clients over the past two decades. 

“We will continue to be a reliable partner to the citizens and businesses of Montenegro, providing secure, modern and competitive services, and actively contributing to the stability and further development of the country’s financial system. As a group operating in the EU market, we will support CKB in developing and enhancing digital solutions and traditional banking services, as well as through new growth opportunities that will further strengthen our market position,” Csany said.

It was concluded that continuous and partnership-based cooperation between the regulator and the banking sector will remain a key prerequisite for the successful implementation of reforms, strengthening financial stability and supporting the country’s sustainable economic development.