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Macedonia Economy 05.10.21 | 23:44

Komercijalna Bank seized two valuable properties from businessman Trifun Kostovski

Komercijalna Bank seized two valuable real-estate properties from a company linked to businessman Trifun Kostovski, citing claims of 7.3 million EUR in loans. Kostovski’s Eurostandard Bank collapsed last year and Kostovski blamed the managers who, he said, were handing loans to shell companies...

Macedonia Economy 20.06.21 | 15:21

Vanco Cifliganec increased his stake in Komercijalna Bank to 15 percent

Real-estate developer and copper magnate Vanco Cifliganec increased his share of the Komercijalna Banka, Macedonia’s largest bank, to 15 percent. Cifliganec purchased nearly 49,000 Komercijalna shares over the week, and now holds 341,860 shares. The move comes as he announced he is moving his real-estate...