Skopje, 21 February 2024 (MIA) - Annually, total deposits increased by 10%, while total loans registered an annual increase by 5.7%, the National Bank said Wednesday.

“In January, the total deposits registered no changes on a monthly basis. Annually, total deposits increased by 10%, as a result of the deposit growth in both sectors, with larger contribution of the household deposits. In January, the total loans fell by 0.2% compared to the previous month, fully due to the reduced lending to corporate sector. Total loans registered an annual increase by 5.7%, due to the increased lending to both sectors, with a larger contribution of the household sector,” reads the National Bank’s press release.

In January 2024, total corporate deposits decreased by 1.8% on a monthly basis, while the long-term deposits registered an increase.

Regarding the corporate loans, this month, a decrease of 0.7% was recorded, as a result of reduced lending in denars and in foreign currency, with more pronounced decrease being registered in denar loans.

In January, the total household deposits were slightly reduced by 0.1%, and household loans grew on a monthly basis by 0.3%, which is largely due to higher denar loans, with an increase also being registered in foreign currency loans.

Analyzed by the purpose of loans granted to individuals, in January consumer loans, as the most common category, registered a monthly fall of 1.1%, housing loans increased by 0.3%, while this month, car loans registered monthly and annual rise of 0.3% and 12.6%, respectively.

Photo: MIA archive, National Bank