Data about the Bank

Published on 13.05.2008
Update on 30.07.2018

Name

Universal Investment Bank AD Skopje

Headquarters

Maksim Gorki 6

Single registration number

4646088

Number of Employees

402 (June 30, 2018 inclusive)

Overview of the financial activities that the Bank may carry out in accordance with the Founding and Operation License issued by the Governor of the National Bank of the Republic of Macedonia
1.

Accepting deposits and other repayable funds

2.

Lending in the country, including factoring and financing commercial transactions

3.

Lending abroad, including factoring and financing commercial transactions

4.

Issuance and administration of payment instruments (payment cards, checks, traveler’s checks, bills of exchange)

5.

Financial leasing

6.

Foreign exchange operations

7.

Domestic and international payment operations including purchase and sale of foreign currency

8.

Fast money transfer

9.

Issuance of payment guarantees, bill of exchange guarantees and other forms of security

10.

Renting safe deposit boxes, depositories and depot

11.

Trading in instruments on the money market (bills of exchange, checks, certificates of deposit)

12.

Trading in foreign assets including trading in precious metals

13.

Trade in securities

14.

Intermediation in sale of insurance policies

15.

Intermediation in concluding credit and loan agreements

16.

Processing and analyzing information on creditworthiness of legal entities

17.

Economic and financial consulting

 
Overview of financial activities currently carried out by the Bank
1.

Accepting deposits and other repayable funds

2.

Lending in the country, including factoring and financing commercial transactions

3.

Lending abroad, including factoring and financing commercial transactions

4.

Issuance and administration of payment instruments (payment cards, checks, traveler’s checks, bills of exchange)

5.

Foreign exchange operations

6.

Domestic and international payment operations including purchase and sale of foreign currency

7.

Fast money transfer

8.

Issuance of payment guarantees, bill of exchange guarantees and other forms of security

9.

Renting safe deposit boxes, depositories and depot

10.

Trading in foreign assets including trading in precious metals

11.

Trade in securities

 
Overview of financial activities for which the Governor of the NBRM has imposed a ban or restriction for their performance
Shareholders with qualified participation:

Ceko Todorov Minev

Address: Dospat 20 BT. 2, Sofia, Bulgaria

Number of shares held by the shareholder in the Bank: 198.994 ordinary shares, representing 36,45% of the total number of ordinary shares.

 

Ivajlo Dimitrov Mutafchiev

Address: Krusheska Gradina 28, Sofia, Bulgaria

Number of shares held by the shareholder in the Bank: 198.994 ordinary shares, representing 36,45% of the total number of ordinary shares

Amount of subscribed share capital:

MKD 545.987.000,00

Shareholders without qualified participation:

Total number of shareholders without qualified participation in the Bank: 436

Total number of ordinary shares held by shareholders without qualified participation: 147.999 ordinary shares

Their overall participation in the total number of shares: 27,10%

Share capital structure of Universal Investment Bank AD Skopje by type of shares:

 

Total number of ordinary shares: 545.987

Par value of shares:

MKD 1,000.00

Amount of own funds:

MKD 1,687,974 thousand

Capital adequacy as at June 30, 2018

13,93%

Capital requirement for covering credit risk – June 30, 2018

The total capital requirement for covering the credit risk is MKD 858.290 thousand.

The capital requirement for covering the credit risk for balance sheet items is MKD 832.106  thousand.

The capital requirement for covering the credit risk for off-balance sheet items is MKD 26.184 thousand.

Capital requirement for covering foreign exchange risk –June 30, 2018

/

Capital requirement for covering the market risk –June 30, 2018

According to the Methodology for determining the capital adequacy, the Bank does not calculate capital for covering the market risk.

Capital requirement for covering price risk –June 30, 2018

/

Capital requirement for covering the amounts exceeding the exposure limits – June 30, 2018

/

Capital requirement for covering operation risk – June 30, 2018

MKD 111.022 thousand

DATA ON LEVERAGE RATIO – June 30, 2018

 

Average leverage ratio

 

9,70%

 

Regular core capital

 

1.687.974 thousand denars

 

Supplementary capital

 

0 thousand denars

 

Core capital

 

1.687.974 thousand denars

Amount of the total balance sheet exposure used to calculate leverage ratio

17.659.303 thousand denars

Amount of the total off-balance sheet exposure used to calculate leverage ratio

398.810 thousand denars

Total balance sheet receivables of the Bank in accordance with the latest financial statements

17.619.691 thousand denars

Total off-balance sheet receivables of the Bank in accordance with the latest financial statements

1.485.561 thousand denars

 

Differences - balance sheet exposure

The difference is due to the exemption of the accumulated amortization accounts for loans to and receivables from other clients in the calculation of the leverage ratio in accordance with the prescribed regulation.

Differences – off-balance sheet exposure

The difference is due to the application of conversion factors in the calculation of the leverage ratio in accordance with the prescribed regulation.

DATA ON RISK MANAGEMENT PROCESS – December 31, 2017
DATA ON CREDIT RISK MANAGEMENT

Amount of restructured receivables in accordance with the Decision on supervisory standards for regulating overdue receivables of the Bank.

MKD 42.011 thousand  

DATA ON THE RISK ARISING FROM EQUITY INVESTMENTS (ACQUISITION OF EQUITY SHARES) THAT ARE NOT PART OF THE TRADING BOOK – December 31, 2017

Brief description of the Bank’s Strategy for acquisition of equity shares in other legal entities

The Bank has equity investments in non-bank financial institutions, which represent approximately 2% of the Bank’s own assets.
According to the Bank’s policy, equity investments in non-bank financial institutions or non-financial institutions are classified as investments available for sale. The Bank’s Business and Development Policy does not provide for increasing the Bank’s equity investment in the upcoming period. In order to ensure timely and accurate monitoring of the exposure, in case of change of the amount of equity investment or increased equity investments the Risk Management Division and the Regulatory Compliance Division shall prepare an opinion on the effects of the investment and the compliance with the set limits. The Business and Development Policy of the Bank does not provide for purchase or construction of office buildings for the Bank. The decision to invest in real estate shall be reached by the Bank’s Supervisory and Management Board and the Risk Management Division shall give its opinion on the effects of the investment in real estate and the compliance with the limits set by the NBRM.

Brief description of the Bank’s policy for equity investments accounting valuation

The equity investments are classified as available for sale in the Bank’s income statement. They are carried at fair value excluding equity investments that have no quoted market price and are measured at cost less impairment losses. Gains or losses arising from remeasurement at fair value represent the difference between the amortized cost and the current fair value of the asset and they are included directly in the equity and reserves under the heading “Revaluation Reserves – Differences arising from valuation of available-for-sale assets”. In managing the risk from equity investments, the Bank is in compliance with the limits set out in the Banking Law.

Amount of the equity investments and their classification by type, subject to trading on the Macedonian Stock Exchange

The equity investments that are subject to trading on the Macedonian Stock Exchange are comprised of investments in the following legal entities:

  • - Clearing House – Clearing Interbank Systems AD: MKD 6,730 thousand.
  • - Central Securities Depository: MKD 890 thousand.
  • - Macedonian Stock Exchange for long-term securities: MKD 5,486 thousand.

Structure of equity investments by sectors (equity investments in banks, other financial institutions, non-financial institutions, non-residents)

Equity investments in other financial institutions:

  • - Clearing House – Clearing Interbank Systems AD
  • - Central Securities Depository
  • - Macedonian Stock Exchange for long-term securities

Cumulative amount of realized gains (losses) resulting from the sale of investments during the reporting period

N/A

Total amount of unrealized gains (losses) from equity investments

N/A