The Central Bank of Montenegro said a steering committee meeting in Brussels for its project assessing the bank's needs for alignment with European System of Central Banks and Eurosystem standards confirmed the successful completion of the assessment phase. All planned activities since the project launched in September 2025 were completed on the agreed timetable, marking the end of the review of the bank's institutional, operational and functional readiness for Montenegro's European Union accession path and the bank's future participation in the European central banking system. The assessment was carried out with the National Bank of Belgium and the Central Bank of the Netherlands, with some activities financed under the EU-funded ESCB-Western Balkans Programme and input from the National Bank of Slovakia. It included 13 missions at the Central Bank of Montenegro involving more than 70 experts from partner central banks and the wider ESCB network. The resulting individual reports and recommendations will now be consolidated into a Final Report and then translated into a Roadmap to guide the bank's further organisational, process and operational alignment with ESCB and Eurosystem standards.
Central Bank of Montenegro2026-06-09
Central Bank of Montenegro completes assessment phase of ESCB and Eurosystem alignment project after 13 expert missions
The Central Bank of Montenegro has completed the assessment phase of its project to align with European System of Central Banks and Eurosystem standards, covering its institutional, operational and functional readiness for EU accession and future participation in the European central banking system. Conducted with the National Bank of Belgium, the Central Bank of the Netherlands and input from the National Bank of Slovakia under the EU-funded ESCB-Western Balkans Programme, the assessment comprised 13 missions and over 70 experts. The findings will be consolidated into a Final Report and Roadmap to guide further organisational, process and operational alignment.