You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Stopanska Banka Skopje opens leasing unit

Stopanska Banka Skopje opens leasing unit Photo: Stopanska Banka Skopje / All rights reserved.

SKOPJE (N. Macedonia), September 22 (SeeNews) - North Macedonia's Stopanska Banka Skopje [MSE:STB] announced the inauguration of its leasing unit, Skopje-based Stopanska Leasing.

The new subsidiary, Stopanska Leasing, will serve individuals and businesses requiring financial or operational leasing products, Stopanska Banka said in a statement on Wednesday.

You can subscribe to our M&A newsletter here

The net profit of Stopanska Banka Skopje rose 36.3% on the year in the first half of 2022, reaching 1.5 billion denars ($24 million/24 million euro).

The bank’s shares last traded on the Skopje bourse on September 16, at an average price of 1,403 denars.

(1 euro = 61.61 denars)

Stopanska Banka AD Skopje is among the biggest banks in SEE, for more reference take a look at Top 100 banks