The Central Bank of Montenegro published an update on meetings with senior World Bank officials during the IMF/World Bank Annual Meetings, focusing on payment system modernisation and confirming that the TIPS Clone project is progressing to plan with a scheduled launch date of 20 July 2026. Talks with the World Bank’s Vice President for Europe and Central Asia and its Executive Director centred on implementing Montenegro’s 2025–2029 Country Partnership Framework and on priorities including accelerating structural reforms, strengthening institutional capacity, and continuing investment in infrastructure, the energy transition and human capital. The Governor highlighted the World Bank’s support for the central bank’s payments reform programme, with TIPS Clone described as a European-interoperable instant payments system intended to enable real-time transactions. The next phase of payment system modernisation was framed as supporting full implementation of European standards in payments and strengthening Montenegro’s integration into the single European financial and economic market.
Central Bank of Montenegro 2026-04-18
Central Bank of Montenegro tells World Bank TIPS Clone instant payments platform remains on track for 20 July 2026 launch
The Central Bank of Montenegro reported meetings with senior World Bank officials during the IMF/World Bank Annual Meetings, confirming the TIPS Clone instant payments project is on track for launch on 20 July 2026. Discussions covered implementing Montenegro’s 2025–2029 Country Partnership Framework, including structural reforms, institutional capacity building and investment in infrastructure, energy transition and human capital, with payment system modernisation seen as key to aligning with European payment standards and deeper integration into the single European financial and economic market.