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PM Marković hosts delegation of NLB Bank: Montenegro creates incentive environment for banks' operation

PM Marković hosts delegation of NLB Bank: Montenegro creates incentive environment for banks
Published date 22.02.2019 15:11 | Author PR Service

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PR ServicePodgorica, Montenegro (22 February 2019) -- Montenegro has created an incentive investment environment, and an increasing inflow of foreign direct investments and an enlarged Capital budget make a good environment for banks' operations, said Prime Minister Duško Marković at a meeting with the delegation of NLB Bank, headed by Chairman of the NLB Board of Directors Archibald Kremser.

Prime Minister Marković underscored the excellent economic policy results in the past two years, reflecting in economic growth of about 4.5%, reducing the budget deficit, stabilising public finance, creating jobs and reducing unemployment by more than 5%.

"In the time to come, we will work on a strong investment activity in tourism, agriculture, energy, and especially in the field of infrastructure development. I believe that the banks will also see their chance of development in this," PM Marković noted.

Both sides agreed that it is important for investors to have a good and predictable business environment, as well as a reliable legal system.

Mr Kremser stressed that his bank operated successfully last year and presented further development plans of the NLB Group for Montenegro.

The meeting was an opportunity to discuss outstanding issues.

OFFICE OF THE PRIME MINISTER