Last year banks approved loans amounting up to 400 million euros


Macedonian banks last year approved loans amounting up to 400 million euros, according to the latest data from the National Bank.

According to information from December, the credit was largely directed to the corporate sector, and a smaller amount to the household sector.

Following measures taken by the National Bank, this year banks will tighten controls for issuing consumer loans.

The goal is, as noted by Governor Dimitar Bogov, banks give more loans to the corporate and housing sector, as opposed to consumers, as they are growing and are the largest part of non-performing loans.

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