The Economic Chamber of Macedonia believes the present capital of the MBDP
is small and insufficient for the bank to be able to successfully complete its legally prescribed responsibilities, as well as the future responsibilities the Government plans and the business sector expects.
provides technical assistance and training to low to moderate income Vermonters planning so they can start or expand a small business.
While the MBDP
was created in an effort to eliminate discrimination against minority owned banks, it has since had the effect of encouraging government agencies and corporations to discriminate against non-minority owned banks when choosing which financial institutions to place their deposits.
really comes in handy when changes need to be made and agreed on.
There was a presumption that deposits received by BCBs via MBDP
would be cheaper relative to other types of deposits (Scott, Gardner and Mills, 1988).
Stavreski said the project represented a continuation of the first two credit lines distributed by MBDP
, adding the third stage of the project focused on supporting the private sector by the Government, thus increasing the liquidity of economy and export.
Few days before the New Year, Economy Minister Valon Saracini announced a new credit line of the European Investment Bank of 150 million euro for the project export factoring, through which exporters will be allowed to sell their claims to MBDP
with a certain discount.
Aleksandar Stanojkovski from MBDP
says they will not be a competition to commercial banks.
says that employers can replace an employee if they are unsatisfied with them yet they should keep the same number of employees.
Under the law, MBDP
will not be obliged to make bad loan allowances and will not be subject to National Bank audits.
officials say that applications for loans from the second credit line have already started arriving.
The Ministry of Finance informed that MBDP
is not going to approve the cheap loans from the European Investment Bank, considering that the agreement signed with this institution clearly states that the 100 million euros can only be approved through commercial banks.