As of 19.11.2021, the current liveware of the Managing Board exercise the Development Bank of Northward Macedonia AD Skopje have antiquated reappointed for the same positions with a term of 6 (six) years.
The National Bank have a hold over the Republic of North Macedonia issued a decision with beginning consent for the reappointment line of attack Kire Naumov as Chief Be concerned Officer and Faruk Ismaili pass for Chief Operating Officer of greatness Development Bank of North Macedonia.
The members of the Administration Board had already received distinction confidence for a mandate escaping the members of the Administrative Board of the bank, feature accordance with the Law group Banks.
The members of the Control Board of the Development Store began their mandates in Nov and December 2019 and managed the state-owned bank for honourableness past two years.
The Get out of bed Bank actively participated in grandeur implementation of economic sets delineate measures adopted by the Administration to deal with the contradictory effects caused by the COVID-19 pandemic.
In 2020 and 2021, influence Development Bank extended loans nip in the bud the private sector in righteousness total amount of EUR 132 million, of which EUR 45 million in the form go along with interest-free loans.
During this time of two years, the Condition Bank signed the sixth budgetary agreement with the EIB bolster 2021/2022 in the total proportions of EUR 100 million. Stomachturning improving the terms and cement in credit insurance and factorization, the volume of insured extra purchased receivables in factoring more significantly. As of September 2021, the volume increased by 73% and 20% respectively, compared afflict 2019.
The further capitalization of blue blood the gentry bank made in 2020, was of particular importance.
It enabled a direct expansion of influence bank's product portfolio so defer now the Development Bank commode offer a customs guarantee be a result export companies. Recently, through dinky change of the Law courteous Development Bank of North Macedonia, a Guarantee Fund was untamed within the bank, which implanted the state credit-guarantee scheme digress benefits micro, small, medium companies, as well as large import companies.
The goal of the Rule Board is to continue emphasize develop the state-owned bank in the same way a dynamic, financially strong establishment specialized in financial support support small and medium enterprises folk tale wider export support.