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Macedonia: Foreign Currency Lending Massively Up
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Parents of Macedonian banks have only very limited influence on their subsidiaries, the EBRD reports.

“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…
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