Exports of Ukrainian agricultural products amounted to nearly $12 billion in 10 months of 2016. This is reported by the press service of the Agrarian Policy and Food Ministry of Ukraine. “According to the State Statistics Service of Ukraine, exports of Ukrainian agricultural products in January-October amounted to $11.8 billion, accounting for 40.7% of total…
Ukrainian President Petro Poroshenko said that the situation with PrivatBank (Dnipro) was not only a threat to itself, but to Ukraine’s entire banking system. “A threat to the bank and the whole Ukrainian banking system has appeared. It is obvious to us. Our key financial partners – IMF, World Bank, EBRD and others – have…
This year, Latvia climbed to the third place among countries of continental Europe in regards to loans issued online. France and Germany are ahead of Latvia in this industry. Thanks to rapid development of two financial technologies companies Twino and Mintos in the past two years, Latvia has become one of the leaders in alternative…
Managing Director of the International Monetary Fund (IMF) Christine Lagarde has welcomed the decision of the Ukrainian government and the National Bank of Ukraine on the nationalization of PrivatBank, the largest bank in the country, as it is an important step to ensure financial stability. “Today’s decision of Ukrainian authorities to nationalize PrivatBank is an…
Ukraine’s Cabinet of Ministers has approved of amendments to the financial plan of the state-run enterprise Boryspil International Airport for 2016 in resolution No. 963-r dated December 14, 2016. According to an explanatory note to the resolution, the new plan says that net sales revenue will total 2.923 billion UAH and this is 188.3 million…
The European Bank for Reconstruction and Development (EBRD) has taken part in forming a new team of top managers of PrivatBank (Dnipro), Ukrainian President Petro Poroshenko has said. “A new professional group of specialists has been hired to manage the bank. The European Bank for Reconstruction and Development took part in the process”, the president…
Starting on December 16, First Ukrainian International Bank (FUIB) began to disburse the guaranteed amounts of deposits to the customers of PJSC “Bank Mykhailivskyi”, that is to individuals whose funds were subject to compensation by the Private Deposit Guarantee Fund. PJSC “FUIB” disburses funds to depositors who, when concluding bank deposit/account agreement with PJSC “Bank…