Meeting with the Governor of the National Bank of the Republic of Macedonia – Mrs. Anita Angelovska –Bezoska

On 8 th August 2018, the president of ACI Macedonia, Bojan Cvetanovski, realize meeting with the Governor of the National Bank of the Republic of Macedonia – Mrs. Anita Angelovska – Bezoska. At the meeting there were reviewed actual questions from national financial market – segment with financials derivatives, referent rates and primate and secondary securities markets. The president Cvetanovski has exposed actual Association activities and future plans. It was concluded that collaboration and support between NBRM and Association activities will continue. At the meeting there were also Mrs. Vesna Trajkovska – Commercial Bank, Mrs. Melita Trajkovik – NBRM, Mrs. Zorica Stojanova and Mrs. Maja Andreevska – NBRM.

Activities related to new SKIBOR rules

Author: Elena Kuzmanovska

During 2017 working group was formed for auditing current SKIBOR rules, that were applied in 2007 and updated in 2011. Working group members were Sasho Radevski from Stopanska Banka AD Skopje, Vlatko Leshkaroski from Komercijalna Banka AD Skopje, Jovanovska Violeta from NLB Banka AD Skopje, Emil Jakimov from Halkbank AD Skopje and Zorica Stojanovska from NBRM.

After several meetings held, in July 2017, the working group delivered draft version of the new rules to the Liquidity Commission. After draft version was finalized, Macedonian Banking Association on its Assembly meeting held 22nd August, 2018, adopted new Rules for election and obligations of reference banks that quote interest rate for calculating SKIBOR and for the process of calculating SKIBOR itself.

New rules began to apply from 01.10.2018. With this change, old Rules for calculating and publishing interbank interest rate on the deposit market from 2007 are no longer valid.