There are no any indications that some kind of risk, which would have system influence and endanger financial stability of the country, might escalate.
Central Bank of Montenegro has recently adopted the framework for he implementation of macroprudential policy which represents the policy of the maintenance of financial stability.
“Measures of macroprudential policy are aimed at limiting systemic risk which further limits the disorders which might occur while providing financial services. This objective of the policy helps in identifying and tackling risks of common exposure, concentration of risks, connections and interdependence of specific negative trends”, explain the representatives of the Central Bank of Montenegro.
“Considering that the financial system of Montenegro is “bank-centric”, that is, that the banks are dominant at the financial market, sources of systemic risks were big after the crisis. However, today, that risk is drastically decreasing and we don’t expect it to increase again. It is very important that we continue keeping the risks under control”.
