On 18 and 19 October 2018, the National Bank of the Republic of Macedonia hosts a seminar organized by the European Banking Authority and the European Bank for Reconstruction and Development titled as "Tackling non-performing loans in the EU: regulatory and supervisory activities" Bearing in mind the negative impact of non-performing loans on the banks' operations at the international level, the seminar will present the most important activities undertaken within the EU for solving non-performing loans, in terms of both the amendments (amendment proposals) to the existing banking regulations and the supervisory activities for dealing with the still high amount of non-performing loans with credit institutions in the EU. In addition, at the seminar, the experiences of several countries of the region in the solving of non-performing loans will also be presented. The exchange of experiences and findings gained in the process of solving non-performing loans will enable further strengthening of this process in individual countries, but also harmonized approach to the future activities to be undertaken in order to further deal with the problems caused by the greater presence of non-performing loans.
The seminar will be attended by representatives of the regulatory and supervisory authorities from Albania, Slovenia, Kosovo, Bosnia and Herzegovina, Serbia, Republika Srpska and Macedonia.
At the beginning of the seminar, the Governor of the National Bank, Anita Angelovska Bezhoska, gave an opening address, and indicated that even after ten years since the beginning of the global crisis, the problem of non-performing loans still has great importance at the global level. She emphasized that the proper dealing with this problem and the development of prevention mechanisms are extremely important for the smooth functioning and growth of the banks' activity. Among other things, she also referred to the Macedonian experience, pointing out the relatively lower level of non-performing loans in relation to the region. The reasons for this are the absence of excessive credit growth in the pre-crisis period, the small banks’ reliance on external financing and very important, the prudential regulatory framework. Despite the fact that this problem in Macedonia is not pronounced as in other countries, the Governor emphasized the awareness about the need for having prevention mechanisms. For this very reason, the completion of the "Strategy for encouraging the dealing with and improvement of the management of non-performing loans", as an interinstitutional and systematized framework for solving and preventing the problem of non-performing loans, is under way.
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