The National Bank of the Republic of Belarus (NBRB) plans to ramp up the gold and forex reserves to $8-8.5 billion, First Deputy Chairman of the NBRB Board Taras Nadolny said during the roundtable meeting “Belarus’ Banking Sector: Recovery Round the Corner”. “There is every reason to expect this. We have been making positive interventions…
Sladkaya Strana, a subsidiary of the Belarusian confectionery Vitba, is expanding into the markets of Russia and Ukraine. Pilot batches of biscuits have been sent to the trading networks of these countries, Sladkaya Strana Director Khachatur Arzumanov said. “We are looking for foreign markets. Not long ago we shipped trial batches to the trading networks…
State-run PrivatBank (Kyiv) has not yet been notified of a lawsuit lodged by eurobond holders with the London Court of International Arbitration (LCIA) against a forced swap of their securities for shares of an additional issue of the bank (the so-called bail-in procedure), Chairman of the bank’s board Oleksandr Shlapak has said. “We have not…
The National Bank of Ukraine (NBU) has deleted two companies – Analitic-Partners and Insider – from the registry of audit firms authorized to conduct audit checks at banks in Ukraine, the NBU reported on its website. The regulator says that the decision was taken on the basis of the companies’ applications. At the moment, there…
The foreign trade turnover of Tajikistan, including electric energy, amounted to $1.045 billion over the first four months of this year, which was 88.2% of the January-April 2016 level or $140.2 million fewer, according to the Agency for Statistics under the President of Tajikistan. The trade balance was negative and amounted to $540.5 million. Exports…
The state debt of Kyrgyzstan grew by $95 million in the first quarter of 2017 and updated the historical maximum, the Ministry of Finance of the Kyrgyz Republic reported. Of March 31, its size was $4,160 billion, or 285,461,89 billion soms. The external debt formed in the amount of $3,803.97 billion (260,978,59 billion soms), and…
PJSC Ukrzaliznytsia has introduced a ban on transportation of all types of cargo and empty wagons, including transit through the territory of Ukraine, for a number of owner companies from the Russian Federation. According to company decree Ts-2/101 dated May 18, transportation is prohibited in the wagons of Sberbank Leasing, SG Trans, NefteTransService, Freight One,…