N. Macedonia s NLB Banka cuts net profit in 2020 Author: Radomir Ralev
SKOPJE (North Macedonia), January 29 (SeeNews) - North Macedonia-based lender NLB Banka [MSE:TNB] said on Friday that its net profit fell 7.9% on the year to 1.7 billion denars ($33.4 million/27.5 million euro), impacted by net trading losses and greater financial and non-financial asset impairments.
The bank s net interest income totalled 2.91 billion denars, down from 2.96 billion denars a year earlier, while net fee and commission income was flattish at 1.1 billion denars, NLB Banka said in an annual financial statement filed with the Skopje bourse.
The bank s net trading loss deepened to 45.8 million denars in 2020, from 19.7 million denars in 2019.
By Anthony King, additional reporting by Bojan Stojkovski2021-01-14T16:35:00+00:00
As 2020 ended, news of the first Covid-19 vaccine approvals came as a huge relief to national governments and their citizens. Yet with Covid-19 infection rates rising in many countries, and with more infectious variants of the virus emerging, the need for widespread vaccination grows more urgent and regulators around the world are now racing to assess and approve vaccines.
The BioNTech-Pfizer vaccine was first approved by the UK on 2 December and now has approval in almost 50 countries. Moderna’s vaccine also gained emergency approval in the US and the UK in December, with the European Medicines Agency (EMA) greenlighting it last week. Both are RNA vaccines and have shown efficacies of around 95% in their clinical trials.
Minority stake in N. Macedonia s ZK Pelagonija trades in 5.2 mln denars (84,100 euro) block deal Source: Pixabay
SKOPJE (North Macedonia), December 29 (SeeNews) - A stake of 0.86% in North Macedonia-based agriculture company ZK Pelagonija [MSE:ZPKO] changed hands in a 5.2 million denars ($103,100/84,100 euro) block transaction on the Skopje stock exchange, the bourse said on Tuesday.
An overall 1,749 shares traded at 3,000 denars each in the block transaction, the Skopje bourse said in a notice.
The parties to the deal were not disclosed.
The company s shares last traded on the MSE on December 28 at an average price of 2,731 denars.
ZK Pelagonija is active in agricultural production and trade, livestock breeding, transport and distribution services.
Liberty House Group gets nod to submit buyout offer for N Macedonia arm seenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seenews.com Daily Mail and Mail on Sunday newspapers.