Ukrgasbank’s assets have grown by UAH 33.5 billion, or by 28%, since the beginning of the year, the bank’s press service has reported, with reference to the National Bank of Ukraine’s statistics for January-August. In particular, in the first eight months of 2020, Ukrgasbank increased its assets by UAH 33.5 billion (+28%), PrivatBank – by…
As of October 13, Ukraine harvested 1.5 million tons of sugar beets. This is reported by the Information and Analytical Portal of the agro-industrial complex of Ukraine. Over the last week, the biggest crop volumes were harvested in Vinnytsia (690 thousand tons), Poltava (650.9 thousand tons) and Chernihiv (642.8 thousand tons) regions. (APK-Inform/Business World Magazine) …
The development of the small banking sector could be faster, because at the moment the growth or drop of the banking sector is fully dictated by four largest banks in Latvia, says Finance and Capital Market Commission (FKTK) chairperson Santa Purgaile. “Of course, we are able to say that numerically we have many banks. At…
The government agreed on October 15 to support Nordica’s share capital by EUR 22 million and provide a loan of EUR 8 million to the struggling airline. Minister of Economic Affairs Taavi Aas said the government planned to approve the allocation of funds within a week. The government received permission from the European Commission to…
PM Askar Mamin gave a start to Hyundai automobile manufacturing in Almaty, the PM’s press service informed. Minister of Trade, Industry and Energy of South Korea Sung Yun-mo, Kazakh Industry and Infrastructure Minister Beibut Atamkulov, presidents of Hyundai Motor Company Motor Lee Won-hee and Astana Group Nurlan Smagulov took part in the opening ceremony held…
The Deposit Guarantee Fund of Ukraine sold insolvent banks’ assets worth UAH 93.95 million last week, the fund’s press service reported. “Last week (October 5 – October 9), the assets of five banks, which were in the management of the Fund, were sold for a total sum of UAH 93.95 million,” reads the report. According…
Ukraine and Algeria will create an intergovernmental commission on bilateral cooperation. “Within the framework of the political consultations, Ukraine and Algeria intend to sign a bilateral agreement on the establishment of the Joint Intergovernmental Commission on Bilateral Cooperation which is an effective tool to promote trade and investment, as well as to hold a business…