The Estonian business of the Swedish financial provider SEB earned a profit of EUR 22.9 million in the third quarter of 2017, which is a 17.4% increase over the same period last year, when the bank reported a profit of EUR 19.5 million. The operating income of SEB Estonia in the third quarter was EUR…
Belarus’ exports to Poland went up by 19% in January-August, Belarus’ Deputy Minister of Foreign Affairs Evgeny Shestakov said at the 5th meeting of the Belarusian-Polish working group on trade and investment on October 25. The working group is part of the Belarus-Polish joint commission on economic cooperation. “According to the Belarusian statistics, the bilateral…
The next round of consultations between the foreign ministries of Turkmenistan and Romania has recently taken place in Bucharest, the Turkmen Foreign Ministry said in a message. At the meeting, the sides noted the development of relations in the political and diplomatic, trade-economic and cultural-humanitarian spheres. “Particular attention was paid to energy and transport issues,”…
The State Fishing Agency reports a decline in fish catch in Ukrainian water basins (inland water basins and seas) in January-September by 13.9% YoY, to 35,200 tons. Fish catch in the Black Sea remained unchanged at 3,900 tons. Some 13,900 tons of fish was caught in the Azov Sea (down by 31%). Fish catch in…
The state-owned Oschadbank (Kyiv) seeks to boost the share of small and medium-sized enterprises (SME) in its loan portfolio 6-fold by 2020, to 30%, Oschadbank Board Chairman Andriy Pyshny has said. “The development strategy of Oschadbank, which has been in the active phase of modernization in the past three years carried out jointly with our…
Sergiy Tigipko intends after the purchase of VS Bank (Lviv) to merge it with TAScombank (Kyiv), the businessman said during the Ukrainian banking forum CIS Bankers held in Kyiv. “We want to merge VS Bank and TAScombank – we undertook such obligations. This will allow us to significantly increase the capital (by 60%), which we’ve…
Accusations made by the Federal Service for Veterinary and Phytosanitary Surveillance of Russia (Rosselkhoznadzor), which believes Belarus re-exports tomatoes, are groundless, Belarusian Agriculture and Food Minister Leonid Zayats declared. The official reminded that the Russian agency already inspected gardens, farms, and storage facilities in Belarus at the beginning of the year. “Tensions were relieved and…