In a recent interview for Pari, Nikola Joshevski, President of the Group of Non-Bank Financial Companies within the Economic Chamber, speaks about the key transformation of the sector in Macedonia—from a phase of rapid and expansive growth to a period of maturity, consolidation, trust, and a focus on quality.

The year 2025 was marked by market consolidation, professionalization, and the maturation of non-bank financial companies. Instead of purely quantitative growth, the emphasis shifted to quality—namely, the improvement of internal procedures, increased transparency, stronger consumer protection, enhanced customer experience, and alignment with EU standards and best practices.

For 2026, further strengthening of the regulatory framework is expected, along with full digitalization of key processes, the introduction of sustainable (“green”) financial practices, and even closer cooperation with regulators, regional associations, and prevailing EU trends.

Joshevski highlights these developments in the interview on behalf of the members of the Group, emphasizing that the sector has now entered a phase of qualitative development and long-term stability.