Bank of the Republic of Macedonia - Proposal for New Name of the National Bank

The Bank of the Republic of Macedonia is a suggestion for the new name of the National Bank of the Republic of Macedonia, envisaged in the latest constitutional amendments.

According to the Governor of the National Bank of the Republic of Macedonia, Dimitar Bogov, there are such examples in the international practice.

"The new name option prevails. There is, in the world, the Bank of France, the Bank of Spain, the Bank of England, thus this nomination dominates," Bogov stated.

He added that with the change of the name, the bills as well will undergo a change, but that process will take place gradually, with printing new bills when the use of the old ones will expire because of being warned out.