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Tag: central bank

Country leadership marks 30th anniversary of Macedonia’s monetary independence

The President Stevo Pendarovski, the Prime minister Dimitar Kovachevski, the Finance Minister Fatmir Besimi, the Governor of the National Bank Anita Angelovska - Bezhovska, and numerous representatives with Solemn Academy marked the 30th anniversary of Macedonia's monetary independence. 30 years ago, on the 26th of April 1992, the foundations of the monetary independence were laid. The Macedonian citizens were presented...

The banks in North Macedonia see loss of profits in the first quarter of this year

There has been a significant reduction of the profits of the banks in North Macedonia in the first quarter of this year, and due to the coronavirus crisis, rise of the rate of the irrecoverable loans is expected, the new data of the National Banks reveal. In the first quarter of 2020, total profits of the 15 banks in the...

Banks are breaking records with lending new home loans

In the past few years, the home loaning is the fastest growing segment in the bank's loan portfolio. The Central Bank informs that the annual rates of increase of home loans, which represent 15 percent of the loan portfolio, are significantly above the average growth of total loans for households, where the annual rate of growth is around 10%. According...