FYR Macedonia

Political relations between Greece and former Yugoslav Republic of Macedonia are strained but the strong financial and management support from owner National Bank of Greece has helped to ensure that Stopanska Banka Skopje remains the leading force in FYROM’s banking sector. In 2007, the bank posted a 24% return on equity on the back of gross profit of €19.6 million equivalent, according to International Accounting Standards. The bank’s total assets rose to €897.2 million at year-end 2007, up 31% on 2006. Total deposits reached €707.1 million, up 31.2% on 2006. At the end of 2007, about a million Macedonian citizens had accounts with Stopanska Banka Skopje, more than half of the country’s population.

Central and Eastern Europe regional Awards for excellence
Albania Azerbaijan Belarus
Bosnia & Herzegovina Bulgaria Croatia
Czech Republic Georgia Hungary
Kazakhstan Kosovo Kyrgyzstan
FYR Macedonia Moldova Montenegro
Poland Romania Russia
Serbia Slovakia Slovenia
Turkey Ukraine Uzbekistan

Best bank: Stopanska Banka Skopje

Best investment bank: NLB Tutunska Banka

Political relations between Greece and former Yugoslav Republic of Macedonia are strained but the strong financial and management support from owner National Bank of Greece has helped to ensure that Stopanska Banka Skopje remains the leading force in FYROM’s banking sector. In 2007, the bank posted a 24% return on equity on the back of gross profit of €19.6

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