• petak, 25 jul 2025

Montenegrin banking reforms without the World Bank assistance

Montenegrin banking reforms without the World Bank assistance
Belgrade (MINA-BUSINESS) - The World Bank currently runs no programme of reforms of the Montenegrin financial sector, the bank#s financial economist Gerardo Corrochano said. He said the World Bank would soon grant Serbia a credit of 85 million U.S. dollars for the financial sector reform. The credit approval is expected on May 21, when the board of the bank meets. The World Bank and the International Finance Corporation invests around 250 million dollars in resolving problems of insolvent banks.