5 years from the brand of TTK Bank
TTK Bank is celebrating 5 years anniversary by being under the new name of the bank. On 01 July 2006, TTK Bank was formed with merging of the two banks with 50 years of tradition – Tetovska and Teteks Kreditna Banka. In the meantime, the bank has been working on expanding the network and today, TTK Bank is presence on 29 locations all over the country, offering high professional service to customers. In conditions where the banking sector is developing very fast and there is a presence of new brands from the banking sector, TTK Bank as a dominant domestic bank aims in strategic building its image of stable bank that is giving its support to ones that are needed.
Prove for the success of the Bank is the positive financial outcomes from the last period. Moreover, TTK Bank sc Skopje the year of 31.12.2010 ended with positive results with 45,6 millions MKD and in the first quartile of 2011 year the bank has achieved positive financial results. The balance sheet as of 31.05.2011 is 6,4 milliard MKD and marks increate of 6,8% in correlation with the past year.
Every day, even more customers are giving their trust to the bank, as of the last year the number of clients of TTK Bank has increased with 13% in individuals and 5% in corporate clients.
In correlation with the last year, TTK Bank has increased the loan portfolio with 1,7% of growth, from which more significant growth is the loan portfolio for individuals and less is the loan portfolio for corporate clients.
As of the results from the last year, the deposit growth is 10%, from which 65% is growth in deposits for individuals and 25% in corporate clients.
TTK Bank is join stock company in which the main holder is Teteks group with 44,22% and EBRD with 25% of shares.