Tag: Central Bank
Macedonia Economy 29.04.21 | 17:18

Interest rates down slightly in March

Interest rates dropped by a third of a percentage in March, the Central Bank announced. The average interest rate for newly approved loans was 3.94 percent, which is down by 0.31 percent. Overall rates for all loans were at average of 4.59 percent. Corporate loans were at 3.7 percent, which is the same...

Macedonia Economy 04.03.21 | 20:40

Macedonian Central Bank says its ban on payment of dividends by commercial banks will be in place until the end of the year

The Macedonian Central Bank (NBRM) assured commercial banks that its ban on payment of dividends will be temporary and will expire at the end of the year, if not sooner. The move, which also applies to insurance companies, shocked the financial sector and sent bank shares down , but is being justified...

Economy 31.03.20 | 12:24

Central Bank Governor Angelovska – Bezovska says the denar and the banking system are stable

Macedonian Central Bank Governor Anita Angelovska – Bezovska again assured the public that the exchange rate of the denar is stable and healthy and that the banking system is able to withstand the economic downturn caused by the coronavirus. She said that capital adequacy levels are at 17 percent,...

Economy 23.09.19 | 11:39

Central Bank sees favorable economic indicators for 2019

The NBRM central bank of Macedonia sees the latest economic data as favorable, with a growth rate of 3.1 percent in the second quarter of 2019. NBRM informs that its foreign currency reserves are at stable levels and growing. The inflation rate was at 0.8 percent in August, down from an average of 1.1...

Economy 10.05.19 | 20:15

Central Bank doesn’t share Government’s optimistic FDI expectations even under a most favorable EU – NATO scenario

The Zaev Government insists on high foreign direct investment numbers, even though no major new company was reported to enter the country under Zaev and the white whale – Volkswagen – remains elusive. Now the Central Bank came out to dismiss the Government’s expectations of strong growth...

Economy 13.03.19 | 13:27

Macedonian Central Bank reduces interest rate to 2.25 percent

The Macedonian Central Bank reduced its base interest rate from 2.5 to 2.25 percent. Its Operative monetary policy committee decided that, based on the available economic data, the bank can further relax its monetary policy. The Committee sees continued favorable developments in the foreign currency...

Economy 01.03.19 | 12:38

Zaev promised Ahmeti that the next governor of the Central Bank will be an Albanian?

Prime Minister Zoran Zaev and his coalition partner Ali Ahmeti agreed that in exchange for DUI’s support of a joint candidate from the ranks of SDSM or close to it, the largest Albanian party will take over the position of the governor of the Central Bank, government sources told Zhurnal.mk. Sources...