Ukraine: NBU to stress test 30 banks in 2021

The National Bank of Ukraine (NBU) has approved the methodology for bank stress testing in 2021, the central bank’s press service reports. The NBU reminded that stress testing was one of the stages of the banks’ resilience assessment. “This year 30 institutions are to be stress tested. They account for 93% of the banking system…

Uzbekistan: list of most profitable and unprofitable SOEs unveiled

Uzbek state agency UzAssets has unveiled the list of the most profitable and unprofitable state-owned enterprises (SOEs) in the country. The number of SOEs in the country currently stays at 2,578. Top-10 by profit: Almalyk mining and metallurgical complex – $370.9 million, Uzbekneftegaz – $323.3 million, Ferghanaazot – $27.8 million, Uzmetkombinat – $20.8 million, Hududgaztaminot…

How To Save Money In 2021

If you are looking to save some money this year, you are on the right path. Nobody really knows what’s going to happen with the pandemic, so you may as well secure your future on your own. By saving more money, you can allow yourself to not worry about how you are going to live…

Ukraine: over 10,000 new cars bought in April 2021

In April, slightly more than 10,000 new passenger cars were registered in Ukraine, up almost 3-fold YoY, according to the Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom). According to the association, compared to March, demand for new cars grew by 11%. In April, Toyota cars had the largest demand, with 1,618 cars registered, almost four times…