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N. Macedonian banks' end-Oct loan portfolio up 10.1% y/y

Nov 21, 2022, 5:26:01 PMArticle by Monika Stojanovska
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November 21 (SeeNews) - The loan portfolio of North Macedonia's commercial banks rose 10.1% year-on-year to 415.5 billion denars ($6.9 billion/6.7 billion euro) at the end of October, the central bank said on Monday.

N. Macedonian banks' end-Oct loan portfolio up 10.1% y/y
Toshe Ognjanov/Shutterstock.com

Month-on-month, the banks' loan portfolio was 0.8% higher at the end of October, the central bank said in a statement.

Loans to the corporate sector grew 12.9% on the year, reaching 200.2 billion denars at the end of October, while loans to households came in at 213.1 billion denars, up 7.5% year-on-year.

(1 euro = 61.58 denars)

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