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Stopanska Banka
Stopanska banka (full legal name: ''Stopanska banka AD Skopje''; mk, Стопанска банка АД Скопје) is a bank founded in 1944 with headquarters in Skopje, Republic of North Macedonia. Currently it is the largest bank in the Republic of North Macedonia by equity and branch network. As of December 31, 2015, it operated a network of 64 branches. History The bank was established in 1944 as "Stopanska Banka" by a Decision of the Second Special Meeting of the Anti-fascist Assembly for the National Liberation of Macedonia on 29 December of that year under the name of Makedonska Stopanska Banka. See also *Greek investments in North Macedonia North Macedonia generally has good business relations with Greece and enjoys substantial inward investment from Greece. However, the naming dispute had inhibited the establishment of full diplomatic relations so far but has not prevented both c ... Notes External links Official site Banks of North Macedonia Banks e ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ...
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Macedonian Stock Exchange
The Macedonian Stock Exchange (MSE; Macedonian: Македонска берза, ''Makedonska berza'') is the principal stock exchange in the Republic of North Macedonia, located in the capital city of Skopje. It was established in 1995 and the first trading occurred in 1996. The Macedonian Stock Exchange is a member of the Federation of Euro-Asian Stock Exchanges. Operations Stock indices Stock indices at the Macedonian Stock exchange include: *MBI 10 (Macedonian Blue Chip Index) *MBID (Macedonian Stock Exchange Index of publicly held companies) *OMB (Bond Index) See also * Economy of the Republic of North Macedonia *List of stock exchanges *List of European stock exchanges In the European region, there are multiple stock exchanges among which five are considered major (as having a market cap of over US$1 trillion): *Euronext, which is a pan-European, Dutch-domiciled and France-headquartered stock exchange compo ... References External links * {{coord, 42, 0, 0.55 ...
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Republic Of North Macedonia
North Macedonia, ; sq, Maqedonia e Veriut, (Macedonia before February 2019), officially the Republic of North Macedonia,, is a country in Southeast Europe. It gained independence in 1991 as one of the successor states of Yugoslavia. It is a landlocked country bordering Kosovo to the northwest, Serbia to the north, Bulgaria to the east, Greece to the south, and Albania to the west. It constitutes approximately the northern third of the larger geographical region of Macedonia. Skopje, the capital and largest city, is home to a quarter of the country's 1.83 million people. The majority of the residents are ethnic Macedonians, a South Slavic people. Albanians form a significant minority at around 25%, followed by Turks, Romani, Serbs, Bosniaks, Aromanians and a few other minorities. The region's history begins with the kingdom of Paeonia, a mixed Thraco- Illyrian polity. In the late sixth century BC, the area was subjugated by the Persian Achaemenid Empire, then inco ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ...
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Investment Bank
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effect ...
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Macedonian Denar
The denar ( mk, денар; paucal: denari / денари; Currency symbol, abbreviation: ден (Macedonian Cyrillic alphabet, Cyrillic) or DEN (Latin alphabet, Latin), ISO 4217, ISO code: MKD) is the currency of North Macedonia. Though subdivided into one hundred deni (), coins with a denomination of less than one denar have not been in use since 2013. History The first denar was established as a temporary currency on 26 April 1992 in the then-North Macedonia, Republic of Macedonia, replacing the 1990 version of the Yugoslav dinar at a 1:1 parity. In May 1993, the currency was reformed and a new denar was introduced, with one new denar being equal to 100 old denars. Etymology The name denar comes from the name of the Ancient Rome, ancient Roman monetary unit, the ''denarius''. The currency symbol, abbreviation is ден, the first three Macedonian alphabet, Cyrillic letters of its name. First denar (1992–1993) The first denar was a temporary currency introduced on 26 April 1 ...
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National Bank Of Greece
The National Bank of Greece (NBG; el, Εθνική Τράπεζα της Ελλάδος) is a global banking and financial services company with its headquarters in Athens, Greece. 85% of the company's pretax preprovision profits are derived from its operations in Greece, complemented by 15% from Southeastern Europe. The group offers financial products and services for corporate and institutional clients along with private and business customers. Services include banking services, brokerage, insurance, asset management, shipping finance, leasing and factoring markets. The group is the largest Greek bank by total assets and the third largest by market capitalisation of €1.06 billion as at 4 December 2018. It is the second largest by deposits in Greece after Piraeus Bank. It is fourth largest by Greek loan assets trailing Piraeus Bank, Alpha Bank and Eurobank Ergasias. The bankers Jean-Gabriel Eynard and Georgios Stavros founded NBG in 1841 as a commercial bank. Stavros was al ...
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Skopje
Skopje ( , , ; mk, Скопје ; sq, Shkup) is the capital and largest city of North Macedonia. It is the country's political, cultural, economic, and academic centre. The territory of Skopje has been inhabited since at least 4000 BC; remains of Neolithic settlements have been found within the old Kale Fortress that overlooks the modern city centre. Originally a Paeonian city, Scupi became the capital of Dardania in the second century BC. On the eve of the 1st century AD, the settlement was seized by the Romans and became a military camp. When the Roman Empire was divided into eastern and western halves in 395 AD, Scupi came under Byzantine rule from Constantinople. During much of the early medieval period, the town was contested between the Byzantines and the Bulgarian Empire, whose capital it was between 972 and 992. From 1282, the town was part of the Serbian Empire, and acted as its capital city from 1346 to 1371. In 1392, Skopje was conquered by the Ottoman Turks ...
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Types Of Business Entity
A business entity is an entity that is formed and administered as per corporate law in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability companies and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province. Some of these types are listed below, by country. For guidance, approximate equivalents in the company law of English-speaking countries are given in most cases, for example: *private company limited by shares or Ltd. (UK, Ireland and the Commonwealth) *public limited company (UK, Ireland and the Commonwealth) *limited partnership *general partnership *chartered company *statutory corporation *state-owned enterprise *holding ...
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Anti-fascist Assembly For The National Liberation Of Macedonia
The Anti-fascist Assembly for the National Liberation of Macedonia ( mk, Антифашистичко собрание за народно ослободување на Македонија (АСНОМ), ''Antifašističko sobranie za narodno osloboduvanje na Makedonija''; Serbo-Croatian: ''Antifašističko sobranje narodnog oslobođenja Makedonije''; abbr. ASNOM) was the supreme legislative and executive people's representative body of the Socialist Republic of Macedonia, communist Macedonian state from August 1944 until the end of World War II. The body was set up by the Macedonian Partisans during the final stages of the World War II in Yugoslav Macedonia. That occurred clandestinely in August 1944, in the Bulgaria during World War II, Bulgarian occupation zone of Yugoslavia. Simultaneously Independent Macedonia (1944), another state was declared by pro-Nazi Germany Macedonian right-wing nationalists. History First session (under occupation) Significance The first plenary se ...
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