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Tag: credit

Citizens rush for bank loans to buy goods, cars and residential homes

Analysed according to use, approved credit personal loans for consumer and housing loans, are categories most common, with a monthly rise of 1, 4 percent and 1,5 percent, while the annual rise is 12, 1 percent and 13 percent, show the latest data of the  National Bank for Monetary Activities in July this year. “For car loans, this month there...

Zaev: The construction of the new clinical centre is one of our priorities for this year

The Prime Minister, Zoran Zaev, today with the Minister of Health, Venko Filipce, met with a delegation from the Council of Europe Development Bank (CEB), led by the regional bank manager Vitomir Miles Raguz, where the topic of discussion was "the latest status on the construction of the new Clinical Centre in Macedonia", as a loan from the CEB...

Bogov: Investments have failed, GDP will increase by 2.3%

This year investments have failed, affecting the projection of growth of the gross domestic product to 2.3% in 2016, said Governor Dimitar Bogov, at the presentation of the October macroeconomic projections. “All investments totally failed: public, private, foreign and domestic. The general ambience due to the political crisis was not the most suitable and it affected investor confidence. Increasing the...

Minoski and Bogov call on banks to open their purses to companies

Banks will release funds to invest in the corporate sector, said the Minister of Finance Kiril Minoski, and the Governor of the National Bank of Macedonia, Dimitar Bogov after the regular session of the Committee concerning financial stability in the country. “The political crisis has had an effect that resulted in a more restrictive policy from the banks, so they...

SKSM: The Eurobond is to keep the social peace, and not to help develop the economy

The Economic Chamber of North-West Macedonia (SKSM) expressed concern about the state's intention to issue a Eurobond in the amount of 650 million euros and believes that the money is to buy social peace, and not to bring fresh capital to the economy. According to SKSM, the Eurobond will be used to cover current obligations, or for salaries and pensions...