The Central Bank of Montenegro (CBCG) has released a new list of companies with blocked accounts, showing 51 more companies than in the previous list.
According to the monthly report published in compliance with the Law on Payment Transactions, the new list includes around 20,950 companies registered in the Central Register of Business Entities (CRPS) and CBCG. Out of the total number of blocked companies, 3,470 are listed in the CBCG registry but are not in the CRPS.
The CBCG, in accordance with the Law on Payment Transactions, is required to publish data regarding the enforcement collection process, including the names of companies and entrepreneurs, their identification numbers, amounts of blocked funds and the duration of the account block.
The CBCG clarified that identification numbers for entrepreneurs are not disclosed due to the regulations under the Law on Protection of Personal Data. Entrepreneurs are listed using their personal identification numbers (JMB), which cannot be publicly revealed.
The CBCG publishes the data on the first business day of each month, providing a snapshot of the situation as of the last day of the previous month. The list is organized alphabetically by company and entrepreneur names.
Since July 2012, when CBCG began publishing these records, the data were originally released according to the previous version of the law, focusing on companies with account blocks exceeding 10,000 EUR for more than 30 days. The company names are available on CBCG’s official website, www.cbcg.me, with the list published alphabetically to ensure impartiality.
