Overview of the Financial System in N.Macedonia

Mitreva, Mila and Davcev, Ljupco and Gogova Samonikov, Marija (2024) Overview of the Financial System in N.Macedonia. In: Предизвиците во туризмот и бизнис логистиката во 21 век, ISCTBL 2024.

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Abstract

The financial sector in N. Macedonia is composed of deposit and non-deposit financial institutions. The banking sector is dominant in the financial system, while the participation of the other institutions is relatively lower. Although the total assets of the deposit institutions were 86.4% in 2022, these institutions faced declining trend in their assets throughout the past several years. In 2022 the total assets of the non-deposit institutions were 20.8%, however, with an increasing trend in the past several years. The obligatory pension funds have contributed mostly to the total growth of the assets of the non-deposit financial institutions. Therefore, considering the current dominant role of the banks and the upcoming importance of the non-deposit financial institutions, the aim of this paper is to deeply analyze the structure оf the total assets of separate deposit and non-deposit financial institutions in the financial sector of N. Macedonia.

Item Type:	Conference or Workshop Item (Poster)
Subjects:	Social Sciences > Economics and business
Divisions:	Faculty of Economics
Depositing User:	Mila Mitreva
Date Deposited:	20 May 2024 12:26
Last Modified:	23 Aug 2024 10:10
URI:	https://eprints.ugd.edu.mk/id/eprint/34115

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