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Economy and Banking Sector of Macedonia

Major Banks of Macedonia

Rank
1
Total Assets
123.06 bln MKD  (+7.53%)
Market Share
22.38 %
Rank
2
Total Assets
99,714.36 mln MKD  (+8.60%)
Market Share
18.13 %
Rank
3
Total Assets
88,393.80 mln MKD  (+7.77%)
Market Share
16.07 %
Rank
4
Total Assets
57,411.58 mln MKD  (+21.70%)
Market Share
10.44 %
Rank
5
Total Assets
42,391.73 mln MKD  (+7.04%)
Market Share
7.71 %
Rank
6
Total Assets
30,262.76 mln MKD  (+6.91%)
Market Share
5.50 %
Rank
7
Total Assets
24,558.73 mln MKD  (+14.64%)
Market Share
4.47 %

#1: Komercijalna Banka AD Skopje

Komercijalna Banka AD Skopje was established in 1955 as Komunalna Banka was specialized in providing housing loans and financing construction operations. Komercijalna Banka AD Skopje is a universal bank with a wide range of banking activities ranging from deposits and loans approval to legal entities and natural persons, services such as domestic and international payments, and other activities in foreign currency exchange, securities trading and trade finance.

Services
retail banking
business banking
Clients
natural persons
companies
Area Served
MKMacedonia
internationally
Products
current accounts
payment cards
savings accounts
time deposit accounts
children savings accounts
consumer loans
car loans
mortgage loans
student loans
Western Union money transfers

Komercijalna Banka AD Skopje is the 1st largest bank in Macedonia in terms of total assets. In 2019 its total assets were 123,06 bln MKD, providing the bank with the market share of 22.38%.

Komercijalna Banka AD Skopje participates in the deposit guarantee scheme of Macedonia. This scheme covers accounts up to 30,000 EUR per bank per depositor.

#2: Stopanska Banka AD Skopje

Established in 1944, Stopanska Banka AD Skopje operates as a universal bank, providing a wide range of retail and corporate banking products and services to individuals and business customers. Stopanska Banka AD Skopje also offers brokerage and securities services.

Services
retail banking
business banking
Area Served
MKMacedonia
internationally
Products
current accounts
savings accounts
time deposit accounts
debit cards
credit cards
consumer loans
car loans
housing loans

Stopanska Banka AD Skopje is the 2nd largest bank in Macedonia in terms of total assets. In 2019 its total assets were 99 714,36 mln MKD, providing the bank with the market share of 18.13%.

Stopanska Banka AD Skopje participates in the deposit guarantee scheme of Macedonia. This scheme covers accounts up to 30,000 EUR per bank per depositor.

#3: NLB Banka AD Skopje

NLB Banka AD Skopje is a mamber of NLB Group (Slovenia). NLB Banka AD Skopje operates as a universal commercial bank providing a wide range of retail and business banking products and services.

Services
retail banking
business banking
Area Served
MKMacedonia
Products
current accounts
savings accounts
time deposit accounts
debit cards
credit cards
consumer loans
mortgage loans
housing loans
car loans

NLB Banka AD Skopje is the 3rd largest bank in Macedonia in terms of total assets. In 2019 its total assets were 88 393,80 mln MKD, providing the bank with the market share of 16.07%.

NLB Banka AD Skopje participates in the deposit guarantee scheme of Macedonia. This scheme covers accounts up to 30,000 EUR per bank per depositor.

#4: Halk Bank AD Skopje

Established in 1993, Halk Bank AD Skopje now serves natural persons as well as small, medium and corporate enterprises and public institutions. Halk Bank AD offers a wide range of retail banking products and services, including credit cards, home loans, consumer loans, savings, business loans, as well as domestic and international payment operations.

Services
retail banking
SME banking
corporate banking
Area Served
MKMacedonia
Products
current accounts
deposit accounts
children savings accounts
debit cards
credit cards
consumer loans
housing loans
retirement loans

Halk Bank AD Skopje is the 4th largest bank in Macedonia in terms of total assets. In 2019 its total assets were 57 411,58 mln MKD, providing the bank with the market share of 10.44%.

Halk Bank AD Skopje participates in the deposit guarantee scheme of Macedonia. This scheme covers accounts up to 30,000 EUR per bank per depositor.

#5: Ohridska Banka AD Skopje

Being a part of Société Générale Group during 2007-2019, Ohridska Banka AD Skopje joined Sparkass Group (Austria) in November 2019. Ohridska Banka successfully synchronizes the expertise of Sparkasse Group and the experience of its local team in Macedonia. Ohridska Banka AD Skopje operates as a universal bank, providing retail and business banking products and services to its customers (private individuals, SMEs and business entities) both residing in Macedonia and abroad.

Services
retail banking
business banking
Area Served
MKMacedonia
internationally
Products
current accounts
debit cards
savings accounts
time deposit accounts
consumer loans
car loans
overdraft loans
cash loans
mortgage loans
housing loans

Ohridska Banka AD Skopje is the 5th largest bank in Macedonia in terms of total assets. In 2019 its total assets were 42 391,73 mln MKD, providing the bank with the market share of 7.71%.

Ohridska Banka AD Skopje participates in the deposit guarantee scheme of Macedonia. This scheme covers accounts up to 30,000 EUR per bank per depositor.

#6: ProCredit Bank AD Skopje

ProCredit Bank AD Skopje is a member of ProCredit Group, a financial group headquartered in Germany and consisting of 13 banks operating in developing countries of Eastern Europe and Latin America. The group's business focus is providing lending products to small- and medium-sized companies. ProCredit Group also provides a range of retail banking products to natural persons. ProCredit Bank AD Skopje operates as a subsidiary of ProCredit Bank AG (Germany).

Services
retail banking
business banking
Area Served
MKMacedonia
internationally
Products
current accounts
debit cards
savings accounts
time deposit accounts
company accounts
international payments
credit lines to finance working capital
amortization loans
annuity term loans
bank guarantees

ProCredit Bank AD Skopje is the 6th largest bank in Macedonia in terms of total assets. In 2019 its total assets were 30 262,76 mln MKD, providing the bank with the market share of 5.50%.

ProCredit Bank AD Skopje is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BB+ (speculative). ProCredit Bank AD Skopje participates in the deposit guarantee scheme of Macedonia. This scheme covers accounts up to 30,000 EUR per bank per depositor.

#7: Sparkasse Bank Makedonija AD Skopje

Sparkasse Bank Makedonija provides a wide range of retail and corporate banking products and services to individuals, small and medium-size enterprises and other business customers. Sparkasse Bank Makedonija also offers its customers (institutional, legal and individuals) trading in foreign assets, financial derivatives, government securities on primary and OTC markets, placing deposits, concluding REPO transactions, as well as other financial services.

Services
retail banking
business banking
securities trading
Area Served
MKMacedonia
internationally
Products
current accounts
debit cards
credit cards
savings accounts
time deposit accounts
children savings accounts
consumer loans
education loans
car loans
mortgage loans
overdraft loans
Western Union money transfers
safe deposit boxes

Sparkasse Bank Makedonija AD Skopje is the 7th largest bank in Macedonia in terms of total assets. In 2019 its total assets were 24 558,73 mln MKD, providing the bank with the market share of 4.47%.

Sparkasse Bank Makedonija AD Skopje participates in the deposit guarantee scheme of Macedonia. This scheme covers accounts up to 30,000 EUR per bank per depositor.

See Also