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21 March 2019 07:39 am
*CBCG – COUNCIL – MEETING
Interim administration responsible in asset and liability management
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Podgorica, (MINA-BUSINESS) – The Council of the Central Bank (CBCG) has concluded that the interim administration of Atlas Bank manages its assets and liabilities in a responsible way during the moratorium.
The CBCGG Council meeting, chaired by Governor Radoje Zugic, focused on the current situation in Atlas Bank.
The CBCG says in a press release that Director of the Bank Control Sector Dejan Vujacic informed the Council members about the state of affairs at the bank, and the activities carried out by the interim administration.
"A decrease in the level of guaranteed deposits from the initial €103 million to €91 million at the end of January was seen as a positive development, since the potential obligation of the Deposit Protection Fund has also decreased accordingly," the CBCG says in a press release.
According to the press release, the Council will continue to follow the activities of the Atlas Bank's interim administration, as the deadline for capital increase is approaching.
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