Alpha Bank is increasing the capital of its wholly-owned Macedonian subsidiary Alpha Bank Skopje by EUR 6mn, Sitel TV station reported. Alpha Bank Skopje is one of the medium-sized lenders in Macedonia. The local bank will raise MKD 369mn (EUR 6mn) through issuing 3,075 ordinary shares via a private offer to its parent. Currently, the local lenders share capital consists of 4,668 ordinary shares. The capital injection is intended to boost the capital adequacy of the Macedonian bank. |
Macedonias tobacco crop is expected to increase by 20% to over 30,000 tonnes in 2013, Utrinski vesnik daily reported quoting Danco Mileski, president of the countrys tobacco association. The ... more
The transport ministry has cancelled the tender for preparing a feasibility study for developing the countrys natural gas distribution network, build.mk portal reported. Reportedly, two bids were ... more
Large-sized commercial bank Komercijalna Banka announced that it has won the award Best Bank in Macedonia for 2013 by the magazine Global Finance. The Macedonian bank wins the award for a 10th ... more