The Central Bank of Montenegro and Croatian National Bank have signed a memorandum of understanding, which establishes cooperation in the supervision of the banks working in both countries, Montenegrin media reported.

Montenegrin Central Bank has signed banking supervision memorandums of understanding with most of central banks in the region including the central banks of Slovenia, Serbia, Albania, FYRMacedonia, France, Hungary, Croatia, Bosnia and Herzegovina, Russia, Greece, Bulgaria and Cyprus.