Magazine The Banker has given local commercial bank Komercijalna Banka the award "Bank of the Year 2010 in Macedonia". This is the fifth time the magazine gives its annual award to this lender. The selection criteria include ROE, strategic competitive advantages as well as growth rates of capital, assets and net profit. As recalled, the operating profit of Komercijalna Banka increased by 10.3% y/y to MKD 784mn (EUR 12.8mn) in January-September. At the end of June, the lender's total assets stood at MKD 64.99bn, while its equity amounted to MKD 7.08bn. |
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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