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Daily Archives: 2018-02-23

Ukraine: mustard market closes 2017 with a record

UkraineBy admin2018-02-23Leave a comment

Mustard production by large and medium-sized fat-and-oil plants in December 2017 rose to a near-record volume of 1083 MT, up by 10.7% MoM (978 MT) and by 3.5% YoY (1046 MT). Total mustard output in 2017 exceeded 8 KMT reaching 8.8 KMT, up by 14.1% YoY (7.7 KMT). Domestic mustard processing has been increasing for…

Azerbaijan: $36 million worth of rice imported in 2017

AzerbaijanBy admin2018-02-23Leave a comment

In 2017 Azerbaijan imported rice at the sum of $36 million, declared the Minister of Agriculture of Azerbaijan, Heydar Asadov. According to the announcement, last year agrarians of Azerbaijan harvested 15.9 thousand tons of rice throughout the areas of 5.1 thousand ha, with the average yield at 3.11 ton/ha. The annual demand for rice in…

Kazakhstan: Qazkom and Khalyk Bank merger to close by yearend

KazakhstanBy admin2018-02-23Leave a comment

Daniyar Akishev, Chairman of the National Bank of the Republic of Kazakhstan, mentioned the much talked about merger of Qazkom and Khalyk Bank on February 22. The question about the consolidation of the two Kazakhstani banks popped up at the online conference Akishev held in Almaty. “The process of the merger is underway. We were…

Turkmenistan: transport sector discussed with UN

TurkmenistanBy admin2018-02-23Leave a comment

The Permanent Mission of Turkmenistan to the UN Geneva Office organized a special meeting entitled “Intermodal Communication and Role of Historic Transport Routes: Great Silk Road”, the Turkmen Foreign Ministry said in a message. This event was held in Geneva during the 80th session of the Inland Transport Committee (ITC) of the United Nations Economic…

Ukraine: banking sector posts UAH 24.4 billion loss in 2017

UkraineBy admin2018-02-23Leave a comment

The banking sector of Ukraine in 2017 posted UAH 24.4 billion of net loss, according to a February survey of the banking sector posted on the website of the National Bank of Ukraine (NBU). According to the document, PrivatBank and two banks with Russian capital mainly saw the loss. In 2017 the number of loss-making…

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