Third meeting of the Assembly of the MBA

At its third meeting, held on 22nd of August 2018, the MACEDONIAN BANK ASSOCIATION adopted rules for selection and obligations of reference banks that set up interest rate quotations for calculation of SKIBOR and calculation process for SKIBOR. The rules will begin to apply from 01.10.2018.

At the meeting, it was decided to sign a Memorandum for Cooperation with ACI Macedonia – The Financial Markets Association.

In addition, the Assembly made a decision, within the Association, to establish a commission for operations with securities.