The Alternative Financial Services Association of North Macedonia
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The Association of Financial Companies of North Macedonia at a working meeting with the National Bank of the Republic of North Macedonia

Yesterday, July 8, 2020, representatives of the Association of Financial Companies of North Macedonia led by the President of the Association, Filip Dimitrovski, had a working meeting with representatives from the Fintech team within the National Bank of the Republic of North Macedonia.
The current situation of the Fintech sector in the country was discussed at the meeting, and a summary was made of the impact of the health and economic crisis caused by the Covid-19 pandemic on non-banking financial companies. The findings of the World Bank’s research on the development of the Fintech industry in the Western Balkans, the impact of regulation and policies and guidelines for promotion and their application in a national context were also discussed.
As a result of the meeting, the readiness for further cooperation in the direction of advancing the Fintech sector in line with the European practices for development of the Fintech industry as part of the national strategy for Fintec was confirmed. Work will continue on identification and efforts to improve access to data and information, as well as joint efforts will be made to strengthen the financial literacy of the population.
The Association of Financial Companies remains committed to its mission to create a responsible practice for long-term cooperation and positive evaluation by consumers and market regulators, while explaining to the general public the different opportunities that financial companies can use. FinTech for the development of individuals and society as a whole.

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