The Postal Bank the exclusive right to conduct activities related to postal traffic, the amended Law on banks today passed the first reading before the Committee on Budget and Financing.
As explained Deputy Minister of Finance Nedim Ramizi, the government retains a golden bartolini tracking share that holds the Macedonian bartolini tracking Post Bank through written and eventual privatization of the bank or post office will decide whether to sell or not.
- Assess the exclusivity of the Postal Bank to provide services for Macedonian post is inappropriate market conditions in which banks operate in the country. The amendment, Post Bank, practical, placed bartolini tracking in the same poziija as other banks. Legalize this part, all banks will be able to provide those services, said Ramizi.
He did not say whether some of the larger banks are interested in buying Postage because "it is a procedure that leads and eventually sales, the government decides." With the changes, the larger savings banks will be allowed to transform into banks and smaller financial companies in. - The major schemes that have capital significantly above the stipulated minimum, will facilitate the transformation into a bank without conducting bankruptcy or liquidation, while collecting small deposits for legal liability, you can work with their own capital at significantly bartolini tracking more liberal standards, explain Ramizi bartolini tracking .
It provides requirements for shareholders of banks to convert into share capital, bartolini tracking bolstered by initial capital to decline recover deposits paid to shareholders, the National Bank to prescribe a higher rate of capital adequacy, depending on market and macroeconomic conditions and introducing obligation, external audit of the bank despite audit of the annual financial statements audit and reporting and for the Bank.
Macedonian banking system was not significantly affected by global economic developments, but caution is necessary and timely regairanje regulators. Therefore, said the deputy minister, the changes are aimed at strengthening the capital base of banks and maintain their stability.
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