Central Bank of Montenegro Governor Radovic links innovation and EU accession to financial stability at Bank of Albania centenary conference

Central Bank of Montenegro Governor Irena Radovic spoke at a high-level international conference in Tirana marking the centenary of the Bank of Albania, focusing on Europe’s strategic choices and future challenges. She argued that innovation is increasingly integral to sustainable growth and to the modern concept of financial stability, including through digital payments, FinTech solutions and stronger central-bank analytical and supervisory capabilities, and framed Montenegro’s EU accession path as a key stability anchor. Radovic pointed to the European Union’s innovation agenda as relevant for future member states seeking an ecosystem that connects the public, business, financial and research sectors and spreads benefits across regions and social groups. For Montenegro, she highlighted the country’s early adoption of a Smart Specialisation Strategy and said alignment with EU standards and participation in European initiatives can accelerate technology uptake, improve financial regulation, enhance supervision and increase market transparency; the conference discussion similarly emphasised central banks’ expanding role beyond monetary policy amid rapid technological and structural change.