Skopje, 30 March 2000
Press release of the NBRM
GRANTING AN OPERATION LICENSE TO THE ZEGIN Ltd. SKOPJE SAVINGS HOUSE
By virtue of Article 17-b 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:
By a Decision of the Governor of the Republic of Macedonia, No. 02-14/159-2000 dated March 23, 2000, an operation license was granted to the ZEGIN Ltd. Skopje savings house. Founders of the Savings House are the trade company ZEGIN Blagoj DOOEL Skopje and Viktorija Mehandziska. The address of the Savings House is "Naroden Front" St. 5-3/1 Skopje.
The Savings House shall carry out the following activities:
· collect denar savings deposits of natural persons up to an amount two times higher than its founding capital;
· grant credits to natural persons and individuals acting independently (not having the status of a legal entity);
· take credits from banks and savings houses;
· perform economic and financial consulting activities;
· extend credits to legal entities through a bank;
· extend direct credits to banks and savings houses; and
· extend direct credits to legal entities, up to 30% of the guarantee capital of the Savings House.
Council of the National Bank of the Republic of Macedonia
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