National Bank Of The Republic Of Macedonia
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National Bank Of The Republic Of Macedonia
The National Bank of the Republic of North Macedonia ( mk, Народна банка на Република Северна Македонија, translit=Narodna Banka na Republika Severna Makedonija, NBRSM) is the central bank of North Macedonia, located in the capital city, Skopje. Since 22 May 2018, Anita Angelovska Bezhoska is Governor of NBRNM. Prior to the name change in 2019, the National Bank of the Republic of North Macedonia was known as The National Bank of the Republic of Macedonia. Functions The NBRNM performs the following functions: *establish and conduct monetary policy; *regulate liquidity in the international payments; *establish and conduct the Denar; *handle and manage foreign exchange reserves; *regulate the payment system; *grant founding and operating license to a bank and a savings house and supervise the banks and savings houses; *grant a licence for performing services of prompt money transfer and supervise the operations of the entities performing ...
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State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ...
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Economy Of Europe
The economy of Europe comprises about 748 million people in 50 countries. The formation of the European Union (EU) and in 1999 the introduction of a unified currency, the Euro, brought participating European countries closer through the convenience of a shared currency and has led to a stronger European cash flow. It is important to note that the European Union is not a country, rather a unique global organisation, as an entity forming one of the largest economies in the world. The European Union also “regulates” the global market by the Single Market. The difference in wealth across Europe can be seen roughly in former Cold War divide, with some countries breaching the divide (Greece, Portugal, Slovenia, the Czech Republic, Slovakia, Lithuania, Latvia and Estonia). Whilst most European states have a GDP per capita higher than the world's average and are very highly developed, some European economies, despite their position over the world's average in the Human Deve ...
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Companies Based In Skopje
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Banks Established In 1946
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Established In The 1990s
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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1990s Establishments In The Republic Of Macedonia
Year 199 ( CXCIX) was a common year starting on Monday (link will display the full calendar) of the Julian calendar. At the time, it was sometimes known as year 952 ''Ab urbe condita''. The denomination 199 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Mesopotamia is partitioned into two Roman provinces divided by the Euphrates, Mesopotamia and Osroene. * Emperor Septimius Severus lays siege to the city-state Hatra in Central-Mesopotamia, but fails to capture the city despite breaching the walls. * Two new legions, I Parthica and III Parthica, are formed as a permanent garrison. China * Battle of Yijing: Chinese warlord Yuan Shao defeats Gongsun Zan. Korea * Geodeung succeeds Suro of Geumgwan Gaya, as king of the Korean kingdom of Gaya (traditional date). By topic Religion * Pope Zephyrinus succeeds Pope Victor I, as ...
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Central Banks
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ...
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Denar
The dinar () is the principal currency unit in several countries near the Mediterranean Sea, and its historical use is even more widespread. The modern dinar's historical antecedents are the gold dinar and the silver dirham, the main coin of the medieval Islamic empires, first issued in AH 77 (696–697 CE) by Caliph Abd al-Malik ibn Marwan. The word "dinar" derives from the Latin " ''dēnārius''," a silver coin of ancient Rome, which was first minted about c.211 BCE. The English word "dinar" is the transliteration of the Arabic دينار (''dīnār''), which was borrowed via the Syriac ''dīnarā'', itself from the Latin ''dēnārius''. The Kushan Empire introduced a gold coin known as the ''dīnāra'' into India in the 1st century AD; the Gupta Empire and its successors up to the 6th century adopted the coin. The modern gold dinar is a projected bullion gold coin, not issued as official currency by any state. Legal tender Countries currently using ...
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List Of Central Banks
. Central banks Central banks Central banks This is a list of central banks. Countries that are only partially recognized internationally are marked with an asterisk (*). Disappeared central banking jurisdictions * – Bank of Amsterdam (1609-1791) * – Taula de canvi de Barcelona (1401-1714) * – East African Currency Board (1919-1966) * – (''Hrvatska Državna Banka'', 1941-1945) * – National Bank of Czechoslovakia (1926–1939 and 1945-1950) and State Bank of Czechoslovakia (1950–1992) * – (1854-1875) * – Bank of Saint George (1407-1805) * – (1948-1968) and Staatsbank der DDR (1968-1990) * – Hamburger Bank (1619-1875) * – Bank of Korea (1909–1950) * – Central Bank of Manchou (1932-1945) * - Bank of Issue in Poland (1940-1945) * – (1765-1846) and (1847-1875) * – (1849-1861), itself formed through the merger of (1846-1849) and Banca di Torino (1847-1849) * – National Bank of Vietnam (1954-1975) * – Banco di Napoli, under di ...
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List Of Banks In North Macedonia
The following is a list of banks in North Macedonia, correct as of 25 October 2022. Central bank * National Bank of the Republic of North Macedonia The National Bank of the Republic of North Macedonia ( mk, Народна банка на Република Северна Македонија, translit=Narodna Banka na Republika Severna Makedonija, NBRSM) is the central bank of North Macedoni ... Commercial and retail banks Representative offices of foreign banks * Bank Austria Creditanstalt AG Representative Office - Skopje Saving houses * AL KOSA – Stip * AM - Skopje * Bavag d.o.o.- Skopje * Fersped d.o.o. - Skopje * FULM stedilnica d.o.o.-Skopjebr>* Gragjanska stedilnica - Skopje * Inko d.o.o. - Skopjebr>* Interfalko - Skopje * Peon - Strumica * Mak- BS - Skopje * Mladinec d.o.o. - Skopje * Moznosti - Skopje References {{List of banks in Europe * Macedonia, Republic of Banks Macedonia ...
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Economy Of North Macedonia
The economy of North Macedonia has become more liberalized, with an improved business environment, since its independence from Yugoslavia in 1991, which deprived the country of its key protected markets and the large transfer payments from Belgrade. Prior to independence, North Macedonia was Yugoslavia's poorest republic (only 5% of the total federal output of goods and services). An absence of infrastructure, United Nations sanctions on its largest market (the Federal Republic of Yugoslavia), and a Greek economic embargo hindered economic growth until 1996. Worker remittances and foreign aid have softened the subsequent volatile recovery period. The country's GDP has increased each year except in 2001, rising by 5% in 2000. However, growth in 1999 was held down by the severe regional economic dislocations caused by the Kosovo War. Successful privatization in 2000 boosted the country's reserves to over $700 million. Also, the leadership demonstrated a continuing commitment to ...
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Dimitar Bogov
Dimitar ( bg, Димитър; Macedonian: Димитар) is a South Slavic masculine given name. It is widely found in Bulgaria and North Macedonia. Dimitar is derived from Saint Demetrius (280–306), alternate form of Demetrius. Containing the Proto Indo-European language ''mater'' "mother", it is rooted in the Greek goddess Earth mother Demeter. The most common short for Dimitar is Mitko, while people with the name Dimitar are informally called also Mite, Mito, Dimo, Dimi, Dimcho, Dimko, Dimka, Dime. *Dimitar Agura (1849–1911), Bulgarian historian, professor of history at Sofia University and rector of the university *Dimitar Andonovski (born 1985), Ethnic Macedonian singer *Dimitar Avramovski–Pandilov (1899–1963), ethnic Macedonian painter *Dimitar Berbatov (born 1981), Bulgarian footballer *Dimitar Blagoev (1856–1924), Bulgarian political leader, the founder of Bulgarian socialism *Dimitar Bosnov (born 1933), defender for PFC Cherno More Varna from 1955 to 1970 *Dimit ...
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