• srijeda, 23 jul 2025

Workers of bankrupt Jugobanka decline to leave bank premises

Workers of bankrupt Jugobanka decline to leave bank premises
Podgorica (MINA-BUSINESS) – Angry workers of Jugobanka Podgorica, declared bankrupt on Monday, said they would not leave the bank premises before the government provides guarantees for social protection as it did with other Montenegrin banks. "The monetary authorities will mediate in talks between a group of workers and Finance Minister Miroslav Ivanisevic, who was busy today, so we expect to meet him today afternoon or tomorrow. If there are no results in these talks, we will ask Prime Minister Filip Vujanovic, and President Milo Djukanovic if needed, to resolve the problem," representative of workers Slobodan Zugic said. The Central Bank of Montenegro declared Jugobanka Podgorica bankrupt on Monday due to massive losses, illiquidity and problems in a quick collection of claims from its debtors. Around 192 bank workers in eight Montenegrin towns who have been left without a job said they would not leave the bank premises until a solution for their status was found. The workers complained that banking reforms in the republic had not been accompanied by an adequate social programme and that they themselves had been bearing the brunt of reforms. They also accused the central bank of misleading them to believe that the monetary authorities had been in talks with an off-shore bank on a 15 million German mark recapitalisation of Jugobanka Podgorica.