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Macedonia: Foreign Currency Lending Massively Up

Published: November 9, 2013; 18:32 · (Vindobona)

Parents of Macedonian banks have only very limited influence on their subsidiaries, the EBRD reports.

Macedonia: Foreign Currency Lending Massively Up / Picture: © Macedonia

“The banking landscape of FYR Macedonia is characterised by an obvious clustering of branches around Skopje and a sprinkling around the remainder of the country. The large presence of foreign-owned banks results in the perception by the respondent banks that they are strong competitors. However, a larger share of Macedonian banks views private domestic banks as strong…

This article includes a total of 330 words.

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