• Tuesday, 19 November 2024

Total deposits and loans up at annual level: central bank

Total deposits and loans up at annual level: central bank
Skopje, 20 August 2021 (MIA) – Total deposits in July registered annual growth of 6.8%, while loans increased by 5.3%, North Macedonia’s National Bank said in a press release on Friday. The rise of deposits is due to increased deposits in both sectors, with a larger contribution of the corporate sector, while the increase of loans is influenced by the growth of loans in both sectors, which is more pronounced in the corporate sector. According to data published by the central bank, growth was registered in consumer and housing loans, while car loans and loans on credit cards dropped.