The assets of Ukraine’s banking system by the end of 2017 will amount to UAH 1.5-1.6 trillion (as of October 1, 2016 some UAH 1.27 trillion), while the number of banks will not exceed 75-80 against 95 currently operating, former deputy head of the National Bank of Ukraine (NBU) Vladyslav Rashkovan forecasts. “It remains to…Details
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MP Serhiy Taruta has said that the decision of the board of the National Bank of Ukraine (NBU) to put Platinum Bank on the list of insolvent banks could be considered as political bankruptcy of Ukrainian President Petro Poroshenko. “The president could not have been unaware thatNBU Governor Valeriya Gontareva was withdrawing money via Platinum…Details
Ukraine’s State Service for Food Safety and Consumer Rights Protection in the past several days received confirmation of African swine fever (ASF) diagnosed during the examination of the selected samples of biological material of pigs that died in Mykolaiv, Luhansk, Kirovohrad and Odessa regions. The press service reported that 56 pigs died in Chapayev LLC…Details
Ukrainian companies imported gas for their own needs at an average price of UAH 6,006.66 ($230.01) per 1,000 cubic meters in December 2016, the press service of the Ministry of Economic Development and Trade has said. According to the ministry, the average price of imported gas in January 2016 was $231.41 (UAH 5,542.82), in February…Details
Austrian Eriell GmbH has acquired controlling stake of Sarbon-Neftegaz JSC, the transportation division of Uzbekneftegaz National Holding Company, Tashkent Republican Stock Exchange said in a message. The Austrian company acquired 561,930 shares at $6.04 per share. A package of shares was purchased at $3.394 million from Uzgeoburneftegaz – subsidiary of the holding, Uzbekneftegaz said. Sarbon-Neftegaz…Details
A new railway station will be commissioned in Kazakhstan’s city of in Astana in May, Kazakh prime-minister’s website reported. Construction work at the new railway station and railway junction in Astana have been completed by 80% as of today, Kazakhstan Temir Zholy’s (Kazakh railways) said. The capacity of the railway station is envisaged at 35,000…Details
Ukrainians bought $747.1 million from banks in 2016, up by 9.2% YoY ($684.1 million), the National Bank of Ukraine (NBU) has said on its website. Sale of foreign currency by the public last year grew by 44.6%, from $2.232 billion to $3.227 billion. The NBU said that Ukrainians sold $2.48 billion more in 2016 than…Details