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“Veljko Vlahovic” Street,
No. 26, Skopje |
| Tel.: 389/02/ |
3 115 844 |
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3 109 981 |
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| E-mail: info@mbdp.com.mk |
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April 23, 2008. Seminar for Sustainable Energy Project, financed by the World Bank (IBRD), was held on 23.04.2008 in the premises of Macedonian Bank for Development Promotion a.d. Skopje. Representatives of the Ministry of Economy, Ministry of Finance, Energy Agency of the Republic of Macedonia and representatives of the 6 commercial banks through which the project will be carried out, attended the seminar.. Speakers at the seminar were representatives of the World Bank, Energy Agency of RM, and MBDP. The favourable conditions of the credit line and project financing as well as the way of carrying out the credit line were presented.
  
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31.07.2007. MBDP received an official notice from the International Bank for Reconstruction and Development that the Project for sustainable energy is effective.
MBDP will transfer the funds in the amount of 3.700.000 USD. In this Project MBDP will participate with its own funds in the amount of 2.500.000 USD.
The general contracts are already signed with TTK bank AD Skopje, Komercijalna banka AD Skopje and Export Credit bank AD Skopje on the participation of these banks in the project, but the intention is the number of the banks-participants to be higher in the future. |
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 16.05.2007. The MBDP Managing Board has released directors Vojislav Bislimovski and Sabina Fakic and has appionted new directors of MBDP: Mr. Dragan Martinovski and Mr. Qenan Idrizi. |
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| 15.02.2007. On 15th of fevruary 2007 a contract between MBDP and KfW form Germany is signed on getting the third micro credit line intended to micro and SMEs form RM. The total credit line amounts 7.6 million euro, and will be disbursed through TUTUNSKA BANKA Skopje, IKBANKA Skopje, INVESTBANKA Skopje and PROCREDIT BANKA Skopje. The beneficiaries are to be enterprises with less than 100 employees (individual entrepreneur also) mainly performing productive activities, including the agricultural processings, as well as commerce and services sector. Maximum individual amount of the loan is 50.000, the tenor is 4 years, with possible grace period of 1 year. The interest rate are to be determined by the banks through which the loans are disbursed. |
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November, 2006. SUSTAINABLE ENERGY
FACILITY. The International Bank for Reconstruction and Development has initiated a realization of a project in the Republic of Macedonia entitled "Sustainable Energy Facility" in a total amount of US $ 3,700.000 (US $ 1,200.000 - guarantees, and US $ 2,500.000 - credits).
Commencing of the Facility is expected to be in March, 2007.
Acording to the Managing Board Decision, MBDP will take part in cofinancing this project with 2.5 mil. USD |
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| October 2006. By its Decision (Official gazette, 103, from 02.10.2006) the government appointed the new state capital representatives in the MBDP assembly: Mihail Petkovski, Vlade Cvetanovski, Faton SSabani, Jasminka Vaskova - Tasskova, Oliver Kosturanov. |
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| August. 2006. The NBDP Management board brought a decision on MBDP authorization to sign a contract on undertaking the administration with the European Investment Bank APEX global loan revolving fund and on repayment of the loan. |
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MBDP organizes a Regional conference intended to Banks and Export Crecit Agencies. It will be held in Strtuga, hotel DRIM, on 15-16 june 2006.
The Mission of Macedonian Bank for Development Promotion is to facilitate the growth of the Macedonian companies by providing financial sources and promote Macedonian export. In order to provide better services, in year 2001 MBDP has introduced trade credit insurance and took the role of a national Export Credit Agency.
In the times of tough competition between national economies, ECAs have an important role to fulfill, namely to establish entry or secure a position in export markets. In that spirit, MBDP became a member of the Prague Club in 2001 and signed several cooperation agreements with similar institutions in the region and wider. In order to deepen and strengthen the cooperation, MBDP is organizing The First Regional Conference of Export Credit Agencies.
The main objective of this Conference is to bring together regional ECAs to communicate better the opportunities and challenges of the regional trade and cooperation and how it deals with the countries economies.
Following the European Commissions' positive strategy on Union enlargement and developments towards transforming the region through the European perspective, the Conference will raise two crucial topics:
- Regional cooperation - best way for adapting the region towards European future, and
- The role of Ex-Im Banks and ECAs for improving the regional cooperation
We find this conference to be of interest for the regional ECA's as it could create advantage not only for Macedonian economy but also it is a fair contribution towards greater economic and political integration in the region.
The Conference will be held on 15-16 June 2006 in Struga in hotel Drim. It will be organized in the traditional format of lively moderated discussions that generate substantial audience participation. |
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15.02.2006. The Managing Board of MBDP has accepted the Manual on Gauaranty fund working in MBDP. Thus the Guaranty fund is operating.
(More, see >> Practice in MBDP) . |
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| 18.07.2005. We inform all our WEB visitors that the new adress of MBDP is "Veljko Vlahovic" no 26, Skopje. |
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| Starting from the 01.01.2005, MBDP performs a new way of insurance, under a new name of the financial product - commercial credit insurance.
The companies, which on the basis of the commercial contract sell to the foreign buyers without collateral, are exposed to the potential financial damage. Such financial damage may arise from the commercial or political risks, if the buyer does not pay for the goods or services which are subject to the commercial contract on the day of the maturity.
In order to help the exporters included in such activities, the commercial credit insurance is an instrument, by which the companies are protected, in a high percentage of the amount of the unpaid invoice after the goods are sent and invoiced, during the insurance period.
Though this financial product MBDP covers 90% of the insured export.
Further information about this financial product, please find in the part of the insurance on our website. |
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| 08.12.2005.
A Protocol is signed between MBDP and KfW, Frankfurt , to continue the realization of the project on increasing the micro-credit line for 7.669.000 EUR. The beneficiaries will be private firms, with up to 100 employees, maximum amount of the individual loan will be up to 50.000 EUR, the tenor up to 4 years and the interest rate determined by the banks and other financial institutions. |
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| 25.11.2005.
A Framework Agreement for a Loan is signed between MBDP and Councel of Europe Development Bank, Paris for a loan of 10 million EUR. The loan will be intended to decreasing the unemployment in RM, with maximum amount of the individual loan up to 400.000 EUR, with the tenor up to 10 years and with the interest rate of EURIBOR + maximum 0,30%. |
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| On the session held on 27.10.2005, the Managing Board of MBDP brought the decision on promoting a new credit programme "Credits for working capital".
"MBDP from its resources, in the total amount of 2 million euro, will approve individual credits from 30.000 - 300.000 euro, intended for working capital. Repayment period is up to 3 years, at the interest rate of 8%. As beneficiaries may be the SME with over then 51% private ownership". |
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