Loan growth in Macedonia eases to 8% y/y in March 2012.

By bne IntelliNews April 22, 2012
Total loans of banks and savings houses in Macedonia increased by 8% y/y to MKD 210.9bn (EUR 3.42bn) in March 2012, decelerating from 8.3% y/y in February, according to preliminary data of the central bank. Local currency loans rose by 5.6% on the year to MKD 153bn, slightly faster than Februarys increase of 5.3%. The annual growth in foreign currency loans, on the other hand, eased to 15.2% from 17.2% y/y and the combined value of loans reached MKD 57.9bn in the third month of 2012. Loans to non-financial corporations (public and private) increased by 8.2% y/y to MKD 128.1bn, slowing down from 8.4% y/y a month earlier. Loans to households (individuals and self-employed individuals) rose by 7.4% y/y to MKD 82.3bn at the end of March, while in February they increased by 7.7% y/y.

Loan growth in Macedonia eases to 8% y/y in March 2012.

Related Articles

Macedonias 2013 tobacco crop expected to exceed 30,000 tonnes.

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

Macedonia cancels tender for gas distribution network feasibility study.

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

Komercijalna Banka wins Global Finance award Best Bank in Macedonia for 2013.

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

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss