DBNM, 14.04.2020 - The Government of the Republic of North Macedonia at its session held on April 18, 2020 adopted a decision that the Development Bank of North Macedonia JSC Skopje will be able to open a new, second interest-free credit line - "COVID2."

The Development Bank will publish a PUBLIC CALL during the next week and will inform the media about it, so the information reaches the wider audience

Stay in good health!

DBNM, 04.04.2020

In regard with the Public Call no. 1 published by the DEVELOPMENT BANK OF NORTH MACEDONIA JSC SKOPJE on 25.03.2020, we would like to inform you that the List of activities of NCA which are eligible for the credit line has been extended with the following activities:

Also, please note that when evaluating the submitted applications after the Public Call No. 1, the following approval criterion will not apply:
• current liquidity indicator should be at least 0.9, and is calculated as a ratio between current assets and short-term liabilities. The indicator is calculated on a balance sheet basis from the last fiscal year.

DBNM, 31.03.2020 

Dear All,

In accordance with the measures that the Government of the Republic of North Macedonia is taking for mitigating the negative effects on the economy, we inform you that:

1. The second interest-free credit line "COVID2" in the amount of EUR 8 million, which is intended for micro, small and medium-sized enterprises in the most affected sectors, is under preparation.
You will be promptly and publicly informed of all details of this credit line and of the announcement of the public call.

2. SMEs will also have the opportunity through commercial banks to apply for 50 million favourable loans from the European Investment Bank to provide fresh capital to support new projects, new jobs, increased liquidity of the economy and increased exports.
You will also be promptly informed of any details about this credit line.

                                  Development Bank of North Macedonia JSC Skopje

DBNM-26.03.2020

PROVIDING SUPPORT TO REDUCE COVID-19 IMPACT IN THE ECONOMY

• The Development Bank of North Macedonia with the support of the Government of the Republic of North Macedonia has created a new credit line to support enterprises affected by the coronavirus condition.
• The credit line is intended for micro, small and medium-sized enterprises from the most affected sectors.
• The public announcement was published on 25.03.2020 and will last for 30 days from 26.03.2020, ie during this period credit applications may be submitted on a first come first served basis.
• For your protection and public health protection measures, all necessary documents can be provided electronically, some are forms from the Development Bank of North Macedonia, and some are provided by the Central Registry and the Public Revenue Office.
• All required information is in the Announcement by clicking on any part of this text.
• You will be promptly notified of any further action to be taken by the DBNM.