TTK Banka

What TTK Banka does

TTK Banka AD Skopje is a privately held Macedonian commercial bank founded in 2006 and headquartered in Skopje, North Macedonia. It operates as a full-service retail and corporate bank, offering payment accounts in denars and foreign currency, term deposits, consumer and mortgage loans, business credit lines, overdraft facilities, VISA and Mastercard debit and credit cards, securities trading, treasury/currency exchange, and documentary trade finance (letters of credit, guarantees). The bank distributes voluntary and mandatory pension insurance through a partnership with KB Prvo Pension Fund and extends subsidized credit to SMEs and exporters via multiple credit lines from the Republic of Macedonia Development Bank (RBSM) and the European Investment Bank (EIB Credit Lines IV and V).

Distribution is built on a hybrid physical-and-digital model. TTK Banka maintains multiple branches and sub-branches (ekspozituri) across Skopje and other Macedonian cities, supported by an ATM network of more than 100 locations including cash-deposit-enabled machines. Digital channels consist of TTK E-bank (internet banking) and TTK M-bank (mobile applications for iOS and Android), which now support instant peer-to-peer transfers via Visa Direct and Visa+, SEPA euro-zone credit transfers, and a 3D Secure (Strong Customer Authentication) upgrade for card-not-present internet payments implemented in June 2026. The bank also issues credit reports through the Macedonian Credit Bureau (MKB) for underwriting.

Revenue is generated through net interest income on its loan book (consumer, mortgage, and business credit), fees and commissions on payment services, card interchange, trade finance, and distribution fees on third-party pension products. Pricing is published via downloadable tariff documents rather than disclosed publicly online. The bank is a joint stock company (Akcionersko Društvo) regulated by the National Bank of North Macedonia; it is not listed on any exchange, has no disclosed parent company, and has not raised external funding rounds based on available data. Its operational footprint is strictly domestic.

Name

TTK Banka

Legal name

ТТК Банка АД Скопје

Website

https://ttk.com.mk

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

251–500 employees

Short description

TTK Banka is a privately held North Macedonian commercial bank offering retail and corporate banking — payment accounts, consumer and mortgage loans, business credit, deposits, Visa/Mastercard cards, and pension distribution — through branches, 100+ ATMs, and digital channels.

Ownership category

akta.pro rank

Product category

Retail and Commercial Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

Keywords

• Retail banking services
• Commercial banking products
• Consumer lending mortgages
• Payment cards processing
• Corporate trade finance

Headquarters

HQ city

Skopje

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Distribution channels5 records

Marketing channels4 records

Core offering

TTK Banka AD Skopje is a full-service commercial bank in North Macedonia providing retail and corporate banking products including payment accounts in denars and foreign currency, residential mortgage and consumer loans, business credits and overdraft facilities, term deposits, VISA/Mastercard debit and credit cards, documentary trade finance (letters of credit and guarantees), securities trading, treasury services, and pension insurance intermediation. The bank distributes these products through a branch network, 100+ ATMs, TTK E-bank internet banking, and TTK M-bank mobile applications.

Product overview

TTK Banka is a traditional banking institution in North Macedonia offering a comprehensive suite of banking products for both individuals (retail) and legal entities (businesses). The product portfolio centers on core banking services including payment accounts in denars and foreign currency, diverse credit products (residential mortgages, consumer loans, business credits), deposit products (standard, tiered, and promotional), and card services (VISA and Mastercard debit and credit). Digital banking is delivered through TTK E-bank (internet banking) and TTK M-bank (mobile banking) applications. The bank also provides specialized services including securities trading, documentary trade finance (letters of credit, guarantees), treasury/currency exchange, and pension insurance in partnership with KB Prvo. Business customers access short-term and long-term credits, overdraft facilities, and specialized credit lines through RBSM for investments, energy efficiency, and SME financing. Recent innovations include SEPA euro transfers and Visa Direct peer-to-peer transfers, with a 3DS security upgrade for enhanced internet payment authentication.

Differentiator

Problem solved

Functional benefit

Brands

• TTK M-bank: Mobile banking application for account management, payments, and transfers
• TTK E-bank
• SUPER Stanben kredit 10
• PROMO FIX SMART
• PROMO FIX VIP
• Zelen kredit so 30% grant
• VISA/Mastercard cards

Products and services

• SUPER Residential Mortgage 10

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Partnerships

Three partnerships are on record, tiered core.

• KB Prvo Pension Fund (КБ Прво пензиско друштво)coreStrategic or Co-development PartnerTTK Banka partners with KB Prvo Pension Fund AD Skopje to offer voluntary and mandatory pension insurance products. The bank acts as an intermediary, enabling its clients to sign pension fund agreements. The partnership covers both second pillar (mandatory) and third pillar (voluntary) pension insurance through KB Prvo's fund, providing retirement savings solutions to bank customers.
• VisacoreTechnology or IntegrationTTK Banka issues Visa-branded payment cards including Visa Classic Debit, Visa Classic Credit, Visa Business Debit, and Visa Business Credit. The partnership includes access to Visa Direct for instant money transfers, SEPA credit transfers capabilities, and various promotional offers through the Visa Southeast Europe platform.
• MastercardcoreTechnology or IntegrationTTK Banka issues Mastercard-branded payment cards including Mastercard Debit and Mastercard Credit, offering contactless payment capabilities and international acceptance for retail and business customers.

Recent moves7 records

Expansion highlights5 records

Direct peers

• Komercijalna Banka AD Skopje: Largest domestic commercial bank in North Macedonia, offering the same retail and corporate banking suite (accounts, deposits, loans, cards, digital banking). Directly comparable scope and customer base, with a larger asset footprint.
• Stopanska Banka AD Skopje (NLB Banka): Member of the NLB Group, one of the largest banks in North Macedonia. Provides full-service retail and corporate banking plus digital channels, positioning it as a direct head-to-head competitor to TTK Banka.
• Intesa Sanpaolo Banka (North Macedonia): Subsidiary of Intesa Sanpaolo Group offering retail, SME, and corporate banking in North Macedonia. Comparable product mix including mortgages, consumer loans, and card products.
• Halkbank AD Skopje: Part of Türkiye's Halkbank Group, providing retail and commercial banking in North Macedonia. Directly competes with TTK Banka on deposits, SME loans, and digital banking.
• ProCredit Bank Macedonia: ProCredit Group subsidiary focused on SME and retail banking with strong digital infrastructure. Comparable target SME segment and credit line structure overlapping with TTK Banka's RBSM-backed offerings.
• Sparkasse Bank Macedonia: Subsidiary of the Austrian Sparkasse Group, offering retail and SME banking in North Macedonia. Comparable portfolio mix and digital channels, competing directly with TTK Banka.
• Alpha Bank AD Skopje: Greek Alpha Bank subsidiary operating in North Macedonia with retail and corporate banking. Directly comparable deposit, loan, and card products.
• Centralna Kooperativna Banka AD Skopje: Domestic Macedonian bank offering full-service retail and corporate banking including payment accounts, deposits, and credit products. Comparable size tier and target market.
• NLB Tutunska Banka (Skopje): Domestic Macedonian bank in the NLB group offering retail and corporate banking with similar product mix to TTK Banka, including deposits, loans, and digital banking.
• United Banka AD Skopje: Smaller Macedonian commercial bank offering retail and corporate accounts, deposits, and credit products. Comparable mid-tier positioning relative to TTK Banka.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ttk-bank-ad-skopje

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TTK Banka