The deficit of Ukraine’s foreign trade in commodities was estimated at $1.7 billion in January-May, up 1.8-fold YoY, according to the Ukrainian State Statistics Service’s website. Exports of goods from Ukraine over the period under review grew by 25.9% YoY, while imports of goods rose by 28.6%, the service said in a statement. The ratio…
This year has seen an increase in demand for consumer loans – EUR 9.3 million was provided to clients in the first half-year of 2017, up by 15% YoY, as reported by SEB Bank representatives. “According to SEB Bank’s data in summer months residents more actively use loans to purchase cars, perform home repairs, travel…
The National Bank of Kazakhstan is maintaining the base rate at 10.5%. “The National Bank of the Republic of Kazakhstan has decided to keep up the base rate at the level of 10.5% within +/- 1% corridor. The annual inflation level is consistent with the forecasts made by the National Bank and remains within the…
As of July 1, the registered carry-over stocks of oilseeds in Kazakhstan totaled 384.94 thousand tons, including 39.54 thousand tons at farming households, the Statistics Committee of the Ministry of National Economy of the Republic of Kazakhstan declared. In particular, sunflower seed stocks totaled 208.79 thousand tons, soybeans – 35.68 thousand tons, safflower seed –…
In the next three years, EUR 20 million will be invested in the new Laima manufacturing plant in Adazi, as reported by representatives of Orkla Confectionery & Snacks Latvija. The total area of the new manufacturing plant will be approximately 6,500 square meters. “The location chosen for the new plant will secure Orkla Confectionery &…
The total debt of largest Ukrainian insolvent banks and their owners to the state and depositors amounts to at least UAH 144.5 billion. This data has been provided by the National Bank of Ukraine (NBU) and the Deposit Guarantee Fund. “Among the largest debtors are the following financial institutions: Delta Bank (with a total debt…
Belarus needs to intensify its accession to the World Trade Organization (WTO), Belarus’ Minister of Foreign Affairs Vladimir Makei said. “We need to remove as many barriers as we can in advancing our products to all the markets. We need to intensify (and we have been working hard) on our country’s accession to the World…