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24 hours CONTACT CENTER (02) 3100 109


11 Oktomvri 7, 1000 Skopje, Republic of Macedonia

+ 389 (02) 3114 503 




Housing Loan




Comparative advantages 

•  Guaranteed annual interest rates for the first 5 years

•  Low monthly annuities as a result of long  repayment periods of up to 30 years and low guaranteed interest rate
•  NO fee on early repayment with own funds
•  NO deposit, no endorsers, no salary withholding, no bills of exchange
•  Quick and simple procedure (initial pre-approval for 24 hrs)
•  Possibility to mortgage the same flat that is being purchased
•  Even persons that are not immediate family members can be co-borrowers

•  For all approval  application, pre-approval credit card with a limit depending on the amount of the loan


Balance transfers i.e. refinancing of own mortgage loans from other Banks:

  • 0 mkd for public notary cost
  • 0 mkd for property evaluation
  • 0% administrative fees

Loan purpose  

•  Purchase of new / old apartment or house from individual or legal entity
•  Purchase of house with land
•  Purchase of construction lot

  • Purchase of business premises

•  Construction of house
•  Extension / superstructure of apartment / house
•  Refinancing of mortgage loan from another bank

Loan Amount 

From EUR 3.300 to EUR 150.000 for all purposes except purchasing business premises

From EUR 3.300 to EUR 100.000 for buying business premises


  MKD loan with foreign currency clause / MKD loan

Interest rates




Mortgage/Security  (for all purpose, except buying business premises

  for SB payroll clients other clients


3,60%  fixed for first 3 years

3,90% fixed for the next 2 years

4,40% fixed for 3 years


For the rest of the period 






Mortgage/Security (for buying business premises )

  for SB payroll clients other clients


4,10%  fixed for 3 years

4,60% fixed for 3 years

For the rest of the period 



 In compliance with applicable regulations, SB regularly announces the Annual Percentage Rate of total costs (APR) on its website, on the bulletin boards at counters and through public media 


•  For purchase, construction, extension and superstructure: up to 30 years

•  For purchase business premises : up to 20 years
•  For purchase of construction up to 15 years 


Equal monthly annuities

• Full or partial early repayment with own assets is without fee

• 3% early repayment fee for balance transfers from SB to other Bank (only for loans secured with mortgage)

For all holders of transaction accounts with Stopanska Banka repayment is possible by:

•  Standing order , Through the e-banking system of Stopanska Banka, ATMs or through the Phone banking services


• Application fees: MKD 500 for all clients.

• Administrative fees:1,25% on the approved loan amount, on a one-time basis

• Appraisal fee i.e. charge of 2.500 MKD for the mortgages located in Skopje area and 5.000 MKD for mortgages located outside Skopje area throughout the Republic

• Public Notary Cost

• Costs for insurance of mortgage


• Mortgage over real estate of 133-250% of the loan amount depending on the location of the collateralised property

Loan criteria 

•  Citizens of the Republic of Macedonia

•  Required own participation of at least 10% of the value of the appartment that is purchased (only for loans secured by mortgage).

•  Minimum amount of net monthly income of the borrower/co-borrower 9.100 MKD.

• Clients age: min. 20 year of age (on the date of applying), max. 70 years of age (on the date of loan repayment) if minimum one co-borrower is included, maximum age at loan maturity can reach 75 years.

  • Co-borrowers can be immediate family members (parent, child, spouse)
  • Co-borrowers can also be included if they are not immediate family members but with the following conditions:

 - SB payroll client (at least 1 month)

 - User of at least one SB lending product with good credit history

  • Co-borrowers income and debts are 100% inlcuded in DTI calculation.

Citizens of Macedonia employed abroad can be accepted as borrower/co-borrower only in cases where close family members employed in RM appears as borrower/co-borrower. Also apply the following conditions:

- At the DTI analysis, STB will calculate 70% of expatriate’s net income;

- Agreement for employment and final tax declaration must have been translated from state competent authority.

Required Documents 

1. Housing Loan application (for the borrower and co-borrowers)

2. Copy of ID card or passport (for the borrower, co-borrowers and mortgagor)
3.  For SB payroll clients: only print of transaction account statement  for last three months  

     For non SB payroll clients:  Pension check / Salary certificate, certificated and signed by the authorized persons at the employer (not older than 30 days), and for employers at private companies, PP53 form (summery of salaries certified at PRO) for the last 3 months (for the borrower and co-borrowers)  

4. Title Deed of the building given as security (for all purposes) not older than six months.  
5. Birth certificate (not older than 6 months) / marriage certificate (for the borrower and co-borrowers)

6. For security house the land must be property title or with right of long lease

7. Consent of the client for submission of report from Macedonian Credit Bureau (for the borrower and co-borrowers)

8. For purchase

8. For all types of construction (in case another real estate id offered as collateral)

8. For refinancing loan from another bank

- Pre-agreement / Agreement for purchased apartment / house / business premises notary signed

- Extract from the detailed urban plan or Confirmation from Municipality that the land is in area with construction permit

- Extract from the detailed urban plan

- Survey and calculation with current prices in the market  

- Building Permit

- Basic Project certified by the planning office and relevant municipality,

-Copy of the Contract of Notary act

-List of payments

-Latest repayment schedule