Podgorica, (MINA-BUSINESS) – The Montenegrin Banking Association (UBCG) has adopted a new Statute introducing a more modern institutional and governance framework, as well as a financial framework for the 2026–2031 period.

At the third meeting of the Assembly, attended by representatives of all 11 member banks and UBCG Director Marija Sukovic, and chaired by Assembly President Tamas Kamarasi, several strategic decisions were adopted aimed at aligning the Association’s operations with the standards of European banking associations.

The central item on the agenda was the new UBCG Statute, which, according to the Association, establishes a modern institutional and governance framework for its future operations.

The Association’s scope of activities has been expanded to include digitalization and artificial intelligence, ESG standards, AML/CFT issues, and financial inclusion, while the entire document has been harmonized with the current legislative framework and principles of corporate governance,” the Association said in a press release.

The Assembly also approved a five-year financial framework for the 2026–2031 period, which is expected to create key conditions for further development based on transparent and predictable budgeting.