Skopje, 25 November 1999
Press release of the NBRM
REVOKING THE OPERATION LICENSE OF THE UNIPROKOM A.D. SKOPJE SAVINGS HOUSE
By virtue of Article 17-b and Article 120-a of the Banks and Savings Houses Act ("Official Gazette of the Republic of Macedonia" No. 31/93, 78/93, 17/96 and 37/98), the National Bank of the Republic of Macedonia informs the public about the following:
On October 27, 1999, the Governor of the National Bank of the Republic of Macedonia issued a Decision No. 02-14/732-99 for revoking the operation license and fulfilled conditions for introducing bankruptcy procedure in the "Uniprokom" a.d. Skopje savings house. The Savings House did not lodge an appeal to the National Bank of the Republic of Macedonia Council within the legally prescribed period. Thus the Decision is final in administrative procedure.
The "Uniprokom" a.d. Skopje savings house is a member of the Deposit Insurance Fund. With that respect, all households' savings deposits up to the amount of DEM 10.000,00 in denar equivalent will be serviced by the Deposit Insurance Fund up to 75%.
Governor's Office
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