North Macedonia's non-banking financial assets reach 336.4 billion denars

non-banking financial institutions pension funds investment funds economic growth macroeconomic indicators

The National Bank of the Republic of North Macedonia reported that assets of non-banking financial institutions (NBFI) reached 336.4 billion denars in the second quarter of 2026. This represents a quarterly growth of 7.2 percent and an annual increase of 22.1 percent. Pension funds are the largest segment, accounting for 63.7 percent of NBFI assets, followed by insurance companies at 13.5 percent.

Growth in the NBFI sector was primarily driven by increased investments in equity and debt securities. Investment funds saw significant growth, rising 12.3 percent quarterly and 44.2 percent annually. While most sectors showed positive trends, financial companies recorded a quarterly decline of 1.1 percent.

Separately, the National Bank's Council noted that the domestic economy remains resilient despite external uncertainties. Economic activity showed signs of acceleration in the second quarter, supported by growth in construction, industrial production, and the hospitality sector. Inflation is currently on a slowing trajectory and remains within the Bank's forecasts. Foreign exchange reserves stood at 4,936.4 million euros at the end of June 2026.

Entities

Hristijan Mickoski · National Bank of North Macedonia · National Bank of the Republic of North Macedonia · North Macedonia

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] Credit activity and deposits have shown strong growth. tetova1.mk · 24-ore.com · tetovasot.com
[● 3 SOURCES] Foreign exchange reserves reached 4,936.4 million euros at the end of June 2026. tetova1.mk · 24-ore.com · tetovasot.com
[● 3 SOURCES] The North Macedonian economy is maintaining resilience despite external uncertainty. tetova1.mk · 24-ore.com · tetovasot.com
[● 3 SOURCES] The Council approved a decision to harmonize payment service standards with SEPA. tetova1.mk · 24-ore.com · tetovasot.com
[● 3 SOURCES] Economic growth accelerated during the second quarter. tetova1.mk · 24-ore.com · tetovasot.com
[● 3 SOURCES] Inflation is slowing down and remains within the bank's forecasts. tetova1.mk · 24-ore.com · tetovasot.com