Global Trade Alert
Global Trade Alert

Macedonia: Macedonian Bank for Development and Promotion lowered its export factoring interest rate

Announcement

31 Dec 2012

In December 2012, the government of Macedonia announced a change in its trade finance instruments.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

31 Dec 2012

Revocation date:

No revocation date

Trade finance

On 31 December 2012, the Macedonian Bank for Development Promotion lowered the export factoring interest rate from 8% to 7% per annum. The export factoring interest rate is the rate which Macedonian e...

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