Citizens in FYROM have 1,2 billion Euros worth of mortgages in the banks of the country

Citizens in FYROM have 1,2 billion Euros worth of mortgages in the banks of the country

Skopje, November 6, 2014/Independent Balkan News Agency

By Naser Pajaziti

Citizens in FYROM have secured their mortgages against different assets amounting to 1.2 billion Euros.

These figures have been published by the register of mortgages at the Central Register in FYROM. This figure is estimated to belong to the past 10 months.

The register includes different assets, such as lands, properties, homes, commercial premises, transport and agricultural equipment, art works, etc.

These are official data, but “Dnevnik” journal says that it’s not known what sort of assets have been left in the form of security amounting to millions of Euros to loan sharks or illegal private banks. In the recent years, mortgages have been estimated around 1,4 to 2 billion Euros.

According to the Central Register, this year, 1563 objects were left as security and their value amounted to 1,2 billion Euros. /ibna/