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CBCG: Number of blocked companies is growing

Photo: Central Bank of Montenegro

The Central Bank of Montenegro (CBCG) has published a new list of companies with blocked accounts, which includes 30 more blocked companies than the previous one.

The new list, which the Central Bank of Montenegro publishes monthly in accordance with the Law on Payment Transactions, includes 21.14 thousand companies registered with the Central Register of Business Entities (CRBE) and the Central Bank of Montenegro. Of the total number of blocked companies, 3.3 thousand are registered with the Central Bank of Montenegro, but are not in the CRBE.

In accordance with the Law on Payment Transactions, the Central Bank of Montenegro is obliged to publish data related to the forced collection procedure, namely the names of companies or entrepreneurs, their registration numbers, the amounts of blocked accounts and the number of days of continuous blocking.

The Central Bank of Montenegro explained that the registration numbers for entrepreneurs are not published, because in the Central Register of Transaction Accounts of the Central Bank, they are registered according to the citizens' unique registration number (JMB), the publication of which is not in accordance with the Law on Personal Data Protection.

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The Central Bank of Montenegro publishes data once a month on its website, on the first working day after the end of the month, with a breakdown of the balance on the last day of the month, in alphabetical order of the names of companies and entrepreneurs.

U periodu od jula 2012, kada je CBCG počela da objavljuje podatke, do 9. januara 2014. godine, podaci su objavljivani u skladu sa tada važećim zakonom o platnom prometu u zemlji i to za kompanije, odnosno preduzetnike kada je blokada računa iznosila više od deset hiljada eura u neprekidnom trajanju više od 30 dana.

The names of companies are published on the CBCG website, www.cbcg.me, and in order to ensure full impartiality, they are published in alphabetical order.

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