IBU Banking and Finance Students Gain Practical Insights During Visit to the National Bank of the Republic of North Macedonia

IBU Banking and Finance Students Gain Practical Insights During Visit to the National Bank of the Republic of North Macedonia
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We organized an educational visit for our 3rd-year Banking and Finance students from the Faculty of Economics and Administrative Sciences to the National Bank of the Republic of North Macedonia, under the guidance of Asst. Prof. Elena Parnardzieva Stanoevska, reinforcing our commitment to linking academic learning with real institutional practice. By engaging directly with the country’s central banking environment, we provided our students with a valuable opportunity to deepen their understanding of the financial system, observe how public institutions support stability and trust, and connect key course concepts with the responsibilities and standards that shape modern banking.

 

During the visit, Mrs. Lidija Serafimova-Danevska, Advisor in the Banking Regulation and Bank Resolution Department, delivered a comprehensive presentation on Banking Regulation and Basel Capital Standards, offering our students an in-depth perspective on supervisory processes, the Basel Accords, and their implementation within the Macedonian banking system. Through this professional engagement, we strengthened students’ awareness of how regulation functions in practice, why capital adequacy and risk governance remain central to banking resilience, and how regulatory frameworks evolve to address emerging challenges in the financial sector. The session encouraged thoughtful discussion and helped our students develop a more informed, analytical approach to the role of oversight, compliance, and systemic stability within both local and international contexts.

 

The program also included a tour of the National Bank’s Numismatic Collection Museum, which enriched our students’ understanding of monetary history and cultural heritage while offering a broader perspective on the evolution of currency and its societal meaning. This element complemented the academic focus of the visit by connecting economic development with historical continuity, institutional identity, and public education. We extend our sincere thanks to the National Bank of the Republic of North Macedonia, and to Mrs. Lidija Serafimova-Danevska in particular, for the warm welcome and the knowledge shared with our students, and we look forward to continuing collaborations that expand experiential learning and strengthen our students’ readiness for professional careers in finance and banking.

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