The Central Bank of Montenegro (CBCG) has published a new list of companies with frozen bank accounts, showing an increase of 21 additional blocked companies compared to the previous report.
The latest list—published monthly by CBCG in accordance with the Law on Payment Operations—includes 21.18 thousand companies registered with the Central Registry of Business Entities (CRPS) and CBCG. Of the total number of blocked companies, 3.45 thousand appear only in CBCG records and are not listed in CRPS.
Under the Law on Payment Operations, CBCG is required to disclose information related to enforced collection procedures, including company or entrepreneur names, registration numbers, the amounts for which accounts are blocked, and the number of consecutive days the block has remained in place.
CBCG clarified that registration numbers for entrepreneurs are not disclosed because, in the Central Register of Transaction Accounts, entrepreneurs are recorded under their Unique Master Citizen Number (JMB), the publication of which is prohibited under the Law on Personal Data Protection, Mina Business reports.
The data is published once a month on the CBCG website, on the first working day after the end of the month, reflecting the status as of the final day of the previous month. The list is arranged alphabetically by company and entrepreneur name to ensure full impartiality.
From July 2012, when CBCG began publishing this information, until January 9, 2014, data was published according to the then-applicable Law on Domestic Payment Operations. At that time, only companies or entrepreneurs whose accounts were blocked for more than EUR 10,000 for a continuous period exceeding 30 days were included.
Company names are published on the CBCG website, www.cbcg.me, and are listed alphabetically to ensure complete neutrality.
