Source link : https://europ.info/2025/12/20/north-macedonia-banks-loan-portfolio-surges-12-7-year-on-year-by-november/
North Macedonia’s banking sector reported a robust increase in loan portfolios, with outstanding loans rising by 12.7% year-on-year as of the end of November, according to the latest data released by SeeNews. This growth underscores continued credit expansion in the country, reflecting both rising borrower demand and banks’ strengthening confidence in the domestic economy. The notable uptick marks a significant development amid ongoing efforts to support economic recovery and finance key sectors across North Macedonia.
North Macedonia Banks Experience Significant Growth in Loan Portfolios by Year End
North Macedonia’s banking sector demonstrated notable resilience and expansion as loan portfolios surged by 12.7% year-on-year at the close of November. This growth reflects increased lending activity across several segments, with consumer and corporate loans contributing significantly to the overall uptick. Analysts attribute this rise to favourable economic conditions, supportive monetary policies, and a growing demand for credit from both households and businesses aiming to fuel investments and consumption.
Breaking down the growth by loan types reveals key drivers behind this momentum:
- Consumer loans: Expanded by 15.3%, boosted by rising household borrowing for durable goods and housing.
- Corporate loans: Increased by 11.4%, largely due to SMEs capitalizing on favourable credit terms to support expansion.
- Mortgage lending: Saw steady growth of 9.8%, signalling…
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Author : Jackson Lee
Publish date : 2025-12-20 12:56:00
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