Luminor notified its clients that as of January 1, 2019 the bank would be closing the accounts of Estonian e-residents. Hannes Oja, head of Anti-Money Laundering at Luminor Estonia, said that based on the Money Laundering and Terrorist Financing Prevention Act, banks were required to update the data of all of their customers. As a…
The Ministry of Transport of Kyrgyzstan has determined toll roads fee. Calculations were announced at a round table discussion. Toll for a passenger car, having no more than 8 seats, will be 0.57 soms per kilometer on a paid section. Buses and minibuses with a mass of not more than 5 tons will pay 1.14…
The World Bank (WB) is working with Azerbaijan’s Ministry of Ecology and Natural Resources to examine different options of the “green economy” development, Head of the WB Baku Office Naveed Naqvi reported. The bank has also been able to mobilize funds from the Korean Green Growth Trust Fund, to support green economy in Azerbaijan. Naqvi…
The average monthly salary in Ukraine amounted to UAH 9,063 in the third quarter of 2018, up by 24.7% YoY, according to the State Statistics Service of Ukraine. The highest average monthly salary in the third quarter was recorded in the air transport industry (UAH 39,439; +11%), in the financial and insurance sectors (UAH 16,205;…
Assets of the PJSC Mykolaiv Shipyard Okean (Ocean) located in Ukraine’s southern city of Mykolaiv were sold at an auction on December 3 to Annona Trading House LTD for UAH 122.195 million, or $4.3 million, according to Liquidator of the shipyard Iryna Serbin. Initially, the starting price of the enterprise was UAH 1.8 billion ($63.8…
The Dushanbe mayor’s office has decided to reduce the number of fixed-route taxis (minivans) in the Tajik capital in order to remove traffic jams in the city. The number of fixed-route taxis has been reduced on route No. 11 (School No. 61 – Balkh Bazaar); they have been replaced with buses, a source official at…
The Central Bank of Azerbaijan (CBA) received 350 million manats from banks at a deposit auction on December 3, CBA said in a message. According to the message, the demand at the auction amounted to 1.079 billion manats. The weighted average interest rate on deposit transactions concluded within the auction was 7.76%. The CBA has…