Central Bank of Montenegro

Central Bank of Montenegro is an independent institution in Podgorica, Montenegro. Established in 2001, the bank employs 129 people and generates approximately $6 million in annual revenue. The Central Bank of Montenegro is responsible for overseeing the nation's monetary policy, ensuring the stability and effectiveness of the banking system, and maintaining a secure and efficient payment system. The Central Bank of Montenegro plays a crucial role in safeguarding the financial well-being of Montenegro. Its key responsibilities include preserving financial system stability, encouraging responsible banking practices, and contributing to price stability. The bank is governed by a seven-member Council, appointed by the Parliament of Montenegro. The Council comprises the Governor, two Vice-Governors, and four additional members. This structure ensures a balance of expertise and representation in the decision-making process. For more information, visit www.cbcg.me .