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Notification of change of name

Please be  informed that on 15th July 2019, the name of the MACEDONIAN BANK FOR DEVELOPMENT PROMOTION was changed in the Trade Register of the Republic of North Macedonia.

The new name of the Bank is as follows:

Development Bank of North Macedonia

We would also like to inform you that all other detail contacts and information (i.e. address, ID number, VAT number, bank account numbers, telephone and fax numbers, etc.) as well as the Bank’s scope of work remain unchanged.

With the change of the Bank's name, all new business correspondence, invoices, orders, conclusion of new contracts or amendments to existing contracts will be implemented under the new business name.

Therefore, we respectfully ask you to take into account the aforementioned change for any further communications carried out with our Bank.

Second Tranche Disbursed of EIB V Credit Line in amount of EUR 16 million                                Financial Agreement Signed with EIB of EUR 100 million - Phase V                                Export Factoring Interest Rate Lowered from 5% to 4%.                                Loans for ACCOMMODATION FACILITIES.                                AGRO-INDUSTRY Loans with interest rate of 2% ONLY!                                Reduce the risk, insure the sale! Unique opportunity to secure domestic and export receivables.                                Special Credit Guarantee Scheme.