Skopje, 27th December 2013 (MIA) – Banks should more intensively participate in the economy growth and offer more credits to the business sector, Deputy Prime Minister and Minister of Finance, Zoran Stavreski believes.
Given that the performance of Macedonian economy was good this year, among the best in Europe, risks for banks reduced and I expect for them to continue with more intensive credit support to the business sector in 2014 as well, Deputy Prime Minister Stavreski said when asked after the commissioning of the reconstructed border crossing Blace.
He indicated that it was good that there was small recovery of credit growth in the previous month.
Semi-annual credit growth rate amounted to 5%, showing that the gradual recovery of the economy is supported by the private sector as well, i.e. investments in the private sector, for which bank credits are required. We also help that process with the fresh EUR 100 million from the European Bank which with 5.5% interest may end in the small- and medium-sized enterprises through the banks, Stavreski said.