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N. Macedonian banks' end-August loan portfolio up 9.7% y/y

N. Macedonian banks' end-August loan portfolio up 9.7% y/y Toshe Ognjanov/Shutterstock.com

SKOPJE (N. Macedonia), September 22 (SeeNews) - The loan portfolio of North Macedonia's commercial banks rose 9.7% year-on-year to 408.7 billion denars ($6.5 billion/6.6 billion euro) at the end of August, the central bank said.

Month-on-month, the banks' loan portfolio was 0.3% lower at the end of August, the central bank said in a statement on Wednesday.

Loans to the corporate sector grew 11.9% on the year, reaching 196 billion denars at the end of August, while loans to households came in at 210.6 billion denars, up 7.7% year-on-year.

(1 euro = 61.58 denars)

 
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