Closure of Alta Bank in Serbia does not automatically affect Alta Bank in Macedonia
The Macedonian Central Bank responded to the National Bank of Serbia's decision to revoke the operating license of Alta Banka in Belgrade. The regulator stated that this action applies only to the bank's operations within Serbia. It does not mean the license for Alta Banka in Bitola is automatically revoked.
Regarding the decision by the National Bank of Serbia to revoke the operating license of Alta Banka from Belgrade, the Macedonian Central Bank (NBRM) informed that this decision concerns the bank’s operations in the Republic of Serbia and does not, in itself, entail the automatic revocation of the operating license of Alta Banka in Bitola. […] The post Closure of Alta Bank in Serbia does not automatically affect Alta Bank in Macedonia appeared first on Republika English .