Kazakhstan is planning to cut down air communication with Ukraine, the UAE, Germany and Belarus, chief sanitary officer Yerlan Kiyassov has said. During an online press briefing, Kiyassov revealed that the plans would be implemented in the nearest future and were dictated by the worsening epidemiological situation in those countries. The move, in his words,…
Swedbank will relocate its head office building on Liivalaia Street in Tallinn’s Kesklinn district and move to the Hippodrome quarter in North Tallinn in 2024, bringing all of its departments under one roof. Head of Swedbank AS Olavi Lepp said the buildings on Liivalaia Street were too small and the bank had outlived its time…
Bayadera Group, one of the largest alcohol holdings in the Ukrainian market, completed the grape harvesting season in Koblevo (Mykolaiv region) on more than 2,000 hectares, having collected 9,500 tons, down by 9.5% YoY. According to the group’s press release, the harvesting campaign ended on October 7 and lasted for 1.5 months. Almost 70% of…
Oschadbank issued more than 800 mortgage loans worth over UAH 450 million in January-September, the bank’s press service reported. In the third quarter alone, Oschadbank’s clients received more than 400 loans worth UAH 240 million, the report said. “Since the beginning of this year, we have already invested almost half a billion hryvnias in the…
The National Bank of Kazakhstan predicts a 21.7% reduction of exports in the year 2020. In the first half of the year, the country’s current account balances ended with a surplus of $1.7 billion due to the reduction of earnings payable to foreign direct investors. However, account deficits of $4.2 billion are expected until the…
The Estonian Financial Supervision Authority (FSA) has said the most difficult time for banks during the coronavirus crisis has passed and at the end of the second quarter requests for loan holidays ceased. In the second quarter, the loan stock of the banking sector decreased by 0.7% YoY, to EUR 27.5 billion. In the previous…
The volume of railway freights in January-September declined by 45.5% YoY, to 17.241 million tons, according to data compiled by the Transport Ministry. This includes 15.812 million tons of international transports, down by 47.9%. The volume of domestic transports has increased by 12.1%, to 1.429 million tons. According to available information, the volume of transit…