The First Ukrainian International Bank (FUIB) received UAH 1 billion in net profit in the first quarter of 2021, up by 23% YoY. The bank’s operating income in Q1 amounted to UAH 2,412.6 million against UAH 2,041.2 million in 2020. FUIB’s net interest income rose by 21%, to UAH 2,029.1 million. FUIB’s net commission income…
Banks received UAH 10.9 billion in net profit in January-March, down by 32% YoY, when the banking sector earned more than UAH 16 billion, the press service of the National Bank of Ukraine (NBU) reported. “The main factor holding back the growth of the sector’s profitability in the first quarter was changes in the fair…
The unemployment level observed in Latvia in March was 8.7%. This level exceeds that of the European Union and Eurozone, according to data published by Eurostat about 25 member states on April 30. According to data from Eurostat, unemployment among EU member states was the highest in Spain (15.3%), Italy (10.1%), Sweden (9.1%) and Lithuania…
In March, the turnover of retail trade enterprises was EUR 657 million, data from Statistics Estonia showed. Compared to March 2020, turnover increased by 4% at constant prices. Jaanika Tiigiste, leading analyst at Statistics Estonia, said that despite the coronavirus-related restrictions that were re-introduced in March, retail trade enterprises recorded turnover growth. “Among the stores…
The National Bank of Kyrgyzstan conducted another intervention on April 29, website of the National Bank of the Kyrgyz Republic reported. The central bank sold $17.3 million with settlements on the date of the transaction and $44,950,000 with settlements different from the date of the transaction. This is the sixth intervention since the beginning of…
Uzbek and Turkmen leaders discussed “untapped potential” in the development of bilateral ties, as President Shavkat Mirziyoyev paid a visit to Ashgabat on April 29. According to the press service of the Uzbek president, the trade turnover between the states has tripled over the past few years, reaching $530 million in 2020. The parties expressed…
The total public and publicly guaranteed debt of Ukraine decreased by UAH 38.68 billion in the hryvnia equivalent over March, to UAH 2.514 trillion, the press service of the Finance Ministry reported. As of the end of March, the total public and publicly guaranteed debt of Ukraine amounted to UAH 2,514.28 billion in the national…