Company Overview of Ohridska banka a.d. Ohrid
Ohridska banka AD, Ohrid provides various banking products and services in the Republic of Macedonia and internationally. It collects deposits and other recurrent sources of funds; issues and administers payment instruments, such as cards, cheques, and bills of exchange; issues payment guarantees, backing guarantees, and other forms of security; and rents safe deposit boxes, depositories, and depots. The company also offers factoring and financing of commercial transactions; financial leasing; foreign exchange and money transfer services; and economic and financial consulting services, as well as provides services to custody bank. In addition, it is involved in payment operations comprising ...
Street Makedonski Prosvetiteli 19
Key Executives for Ohridska banka a.d. Ohrid
Head of Finance Division and Director
Head of Commercial Back Office Department
Head of Internal Audit Unit
Compensation as of Fiscal Year 2013.
Ohridska banka a.d. Ohrid Key Developments
Ohridska Banka Announces Earnings Results for the Nine Months of 2013
Nov 13 13
Ohridska Banka announced earnings results for the nine months of 2013. For the period, the company's net profit increased to MKD 118.9 million from MKD 87.9 million a year earlier. The bank's net interest income rose to MKD 610.3 million from MKD 531.8 million a year ago, while its net fee and commission income increased by an annual 17% to MKD 160.9 million.
EBRD Provides EUR 13 Million to Ohridska Banka for SME Lending
Dec 21 12
The EBRD announced that it is providing a EUR 13 million loan to Ohridska banka a.d. Ohrid for boosting credit to SMEs. The amount will be extended through two separate facilities. The first facility is a EUR 10 million credit line that will be used for debt financing of capital investments, as well as export and pre-export funding needs of local SMEs. The remaining EUR 3 million is a loan under the Private Sector Support Facility (PSSF) and will be an addition to an existing EUR 5 million PSSF line that the local lender has been utilising successfully over the past two years. This second facility will be used to finance investments by Macedonian firms aimed at boosting environmental, health and safety standards and product quality in line with EU requirements.
Ohridska banka a.d. Ohrid Discontinues Securities Brokerage Services
Oct 19 12
The supervisory board of Ohridska banka a.d. Ohrid has approved a decision to discontinue offering securities brokerage services. The move is triggered by net operating losses generated since 2009. The decision aims at better utilisation of the resources and cost efficiency. Ohridska Banka will continue to participate in the markets for short-term instruments, T-Bonds and repo deals, organised by the country's central bank in cooperation with the ministry of finance.
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