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TTK Bank AD Skopje (North Macedonia)

Main Activities: Commercial Banking
Full name: TTK Bank AD Skopje Profile Updated: May 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

TTK Bank was set up in 2006 after the merger of two other Macedonian banks - Teteks Kreditna Banka Skopje and Tetovska Banka Tetovo. The head office of the bank is located in Macedonian capital city - Skopje. TTK Bank performs as a joint stock company with two major shareholders - Teteks Group (44%), a textile firm based in Tetovo, and the European Bank for Reconstruction and Development, which bought 25% in TTK in October 2006.
TTK Bank previously operated under the name Tetovska Banka, which was the legal successor of Komunalna Banka Tetovo, established in 1962. Tetovska Banka launched independent operations in 1995 after being spun off from Stopanska Banka Skopje.
Currently TTK Bank operates banking network that consists of nearly 30 branches in major Macedonian cities.

Headquarters
ul.Naroden front br.19 A
Skopje; Skopje;

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Website: http://https:\www.ttk.com.mk

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Vice Chairman of the Supervisory Board
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Member of the Management Board
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Member of the Supervisory Board
Ownership Details
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49.24%
Company Performance
Financial values in the chart are available after TTK Bank AD Skopje report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MKD. Absolute financial data is included in the purchased report.
Net interest income
23.45%
Operating profit (EBIT)
73.77%
Net Profit (Loss) for the Period
72.87%
Total assets
15.57%
Total equity
9.16%
Total Assets Trend
N/A
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-12.87%
Loans to Asset Ratio
-9.22%

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