Tag: bankruptcy

The International Monetary Fund's Executive Director Anthony De Lannoy, member of the IMF's Executive Board for North Macedonia, remarked that the National Bank of North Macedonia (NBNM) has acted correctly regarding the revocation of Eurostandard Bank's banking licence and requesting bankruptcy procedure. He stressed that during the meeting with the teams of both the NBNM and the Finance Ministry...

The National Bank of North Macedonia (NBRSM) today announced its decision to revoke the Banking license of Eurostandard banka (Eurostandard Bank), acting in accordance with the Law on Banks, and said that tomorrow it will petition the competent court to initiate the bankruptcy procedure. "Eurostandard banka does not meet the minimal requirements to do business. All of the deposits of...

If you spend and do not add, if there are no investments and new production, there is no possibility for loans and sources of funding, then nothing is impossible, even bankruptcy. This was today’s warning of the heads of the Economic Chamber of North-West Macedonia, Chamber of Commerce, Union of Chambers of Commerce, Bulgarian-Macedonian Chamber of Commerce, Turkish Chamber,...