• Saturday, 06 June 2026

Financial market holds significant untapped potential 

Financial market holds significant untapped potential 

Podgorica, (MINA-BUSINESS) – Minister of Finance Novica Vukovic said that Montenegro’s financial market holds significant untapped potential, adding that ongoing reforms are laying the foundation for a more dynamic, transparent, and resilient financial sector aligned with European standards and attractive to both domestic and foreign investors.

 

“Strong financial markets are a key pillar for growth, innovation, and long-term stability. Our goal is clear: Montenegro must become a credible and competitive investment destination where trust in institutions and the rule of law forms the basis of economic development,” Vukovic stated at the international conference Montenegro Financial Markets, organized by the Capital Market Authority, the Ministry of Finance, and the Central Bank of Montenegro (CBCG).

 

According to Vukovic, Montenegro has made significant progress in implementing the European agenda and aligning its legislation with the EU acquis.

 

 

CBCG Governor Irena Radovic stated that the conference has quickly become an influential regional platform for exchanging ideas on financial market development, regional challenges, and innovations shaping the future of finance.

 

“I am confident that today’s conference will make a strong contribution in this direction and demonstrate that our joint efforts can create competitive, resilient, and sustainable markets, fully integrated within the single European area we belong to,” Radovic said.

President Capital Market Authority Zeljko Drincic said that participants in the conference are united by the same idea: improving the financial market through open dialogue, professional exchange, and connection with European and global trends.

 

“Now, we also face the additional responsibility of maintaining and building on the standards we have established together,” Drincic added.

 

 

 

 

 

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